re: see the wood for the trees... chrisbiris...
Hard to say what will happen today.
Yesterday's consolidation was textbook, so if it continues to trade the way it has, one would expect a soft morning, possibly with a few trades at 1.4 as all but a few sellers loose interest.
If it props at 1.4 on the bid as I suspect, with volumes reducing to a trickle, there is every chance we could see it rally once again...perhaps later today.
From what I can tell, those in charge of this little rally have not sold out yet...and the maths suggests they need to do so over 1.6c.
This is why I am expecting another rally shortly.
Time will tell.
Cheers!
YAM
yamarna goldfields limited
re: see the wood for the trees... chrisbiris...Hard to say what...
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)