We have a mexican standoff at the moment, although sellers are moving down on small volumes. This may be a tactic to draw down more sellers on larger volume.
Depends if the buying starts up again but there isnt much on offer up to 10c so if there is accumulation then this may be a pause in buying to bring down more sellers?
Have to wait and see if the buying resumes this afternoon.
Cheers
Retrac
lift off, page-8
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