Buying may be a little more subdued today in an attempt to draw down some sellers. Not alot of sellers at the 11.5c range which would indicate that most are holding tight.
Watch for the off screen buys today as those accumulating use a different method today of reducing the buy side, waiting for the sell side to build up and then hitting them from off screen. Just my take on how today may play out.
The big question is how far off is the announcement? Could come at any time...
Retrac
looking very strong, page-12
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