I've given up trying to keep up with these threads atm. I just hope there isn't a limit on the ignore list.
For anyone interested however, I am personally not concerned or anxious about the share price. I certainly don't want to see it here, of course, but this is only temporary. It is my opinion that the s200 moving average on the weekly will likely hold, which currently sits around 0.158. Remember, major support and resistance levels more often than not spike through and turn around to leave a wick and the body back above (in this case) the key level. It is the close that is important, Friday afternoon close. I expect that will be the case here - hopefully Friday should close at 0.160 or higher. If not due to the timing of this move and the Christmas holidays, then perhaps next week it will be back. I have not sold, nor do I intend on selling any of my holding because of this current retest of our unbroken support.
I glossed over some posts earlier talking about support being "smashed". I would consider taking technical knowledge from such ones with a grain of salt. I have shown many times through forward looking analysis on this thread, that it is far more important to wait for the close and ignore the intra candle price movements.
While I have been wrong plenty of times before, this time I really hope that IMU follows technical probability because there is little below us to look forward to in the form of support.
I am thoroughly fascinated by the size of the divergence between the fundamental story (value) and technical picture (share price). This aspect alone gives me confidence that I will be rewarded for holding on. Each to their own.
