Good Morning Paschal,
Still a bit of a 50/50 imo it may drift back a tad 19c 61.8% fib would be my worse case any further would be a disaster.
Daily chart STT is saying it is close to being a buy Bollingers are opening up all depends on news in the next couple of weeks.
Weekly & Monthly charts STT is still over cooked needs to come off but I've seen them strech before.
Intraday chart has 6 tops at 25c 6 bottoms too .plus 2 gaps 1@20c the other 22c
If no news for the next couple of weeks I would say a trading range of 19/26 would be it, if it breaks 26.5c on volume she's off imo.
Plenty of buyers but the sellers are drip feeding them one would think they have more left to sell.
As far as todays news well Orchestrated imo 60k worth in the superfund A/C he must expecting a Divi lol...
Cheers Pete.
WMT
western metals limited
