Picked up some in the last few days or so, heads average 14 and oppies at 3.2 average. Will add if sp moves in right direction. .
Can't say much about fundamentals as I am no expert in the field but did some reading and have been following for some time.
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The sector is doing well at this stage comparatively and have a few in other sector stocks as well. So from fundamentals and timing perspective it looks fine, whether MTM has got the legs, let's see.
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At this stage I went mostly on technicals, so will be watching it closely the price action for that reason for my next move.
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Although today may look disappointing, but from a weekly perspective it was still good. Last week we finished at 12c, so still decent gain. Before this week, for this phase, last couple of months, the highest it had reached was 15.5. Today it finished at 15.5. A good sp to make the next leg in that context. I feel it has got legs, but anything can happen, so please dyor.
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Next week would be interesting. Was it just some got excited or we are in for some good upward action. Tagging 20 may be good start to keep the momentum. Will that happen? Let's hope so. Enjoy your weekend and all the best.
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