Technically....
Pre CR announcement.... trading range 32-36 (ie,consolidation)
Post CR announcement...
***61.8 fib at 28.4 held (20 low-42 high)
***short-med term EMAs (5-50) all acting as resistance
***Trendline from Dec 13 is acting as support
Always fun and games around Cap Raisings which makes short term moves hard to call,but I'd be happy to see an initial close above 33 (current EMA resistance)...otherwise we could be looking at consolidation 28-32.
Barring a downturn in world markets I'm expecting 28 to hold over the next month
Cheers all
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