I have little knowledge of TA and FA is having a snooze but it appears to me that we are getting ever so close to a 11.5c close. Came within a whisker today me thinks. The perception I have is that there is very little short term trading going on. The traders are waiting on news and won't speculate on the timing. IMO, most if not all the buying at the moment is long term investment. Hence there are few sellers left at each level and slowly they are being sucked up.
Crystal ball predicts a 11.5c close on Friday. (Yes same as last Friday. OK so it was a week out. Is that such a crime I ask you?)
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I have little knowledge of TA and FA is having a snooze but it...
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