It's hard to not see the gap fill being completed now. The buying by Tony Poli has no doubt delayed this (and strengthened us for the next move forward), but the technicals have all changed (started last thursday), and without news MEK is heading for 5 c again. Probably a few pips below as often is the case with gap fills.
I got a bit excited and used my gap fill monies to buy more with Poli in the 6 c range.
I traded out of VRC last week before the drop and have funds to now buy again (retired using smsf). But I will be waiting!
Any buying at this level is GREAT buying. But I feel we will now head back to longer term resistance and will use this next parcel for trading.
I'm a big believer in always having your holding in stocks you believe in, with an extra bit for trading!
It's hard to not see the gap fill being completed now. The...
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