next weeks prices

Looks like I win for this weeks predictions (see previous post - I predicted retrace to about 18c then climb to finish 22-24c - of course if I had that much conviction is my prediction I would have put the house on it at 18.5c!)

Next week I reckon we'll see a low of 20-21c late Monday or sometime Tuesday, followed by a slow creep up to 25-27c at the end of the week.

I don't know how far the "elastic" can stretch without more positive results or really good news, as expected further positive news is factored into this SP.

I hope I'm wrong though I think 30c will be a major barrier until more news, though this would be a 4-bagger in the last six weeks for me so I won't complain too loud. For once the CGT has worked in my favour as I was getting jumpy when this hit 14c last week and would likely have sold if not for the CGT implications.