NHL Charts, page-50

8horse......….the SP has pulled back 23% to the 78% Fib support [4.6/4.7c] and seems to be holding good.

Any profit takers should have been departing with few left to go.

Buyers have slowly started coming back into the Buy side with more buyers than sellers now.
Just need the buyers to keep coming back and this "could" be the low before going back up again past 5.8c.

I wouldn't expect a big SP drop due to profit takers overall.

Lots of shares have been taken up by insto's who will keep them and not neccesarily enter them on the sell side of the "book".

Available share swill tighten as a result with fewer available to traders and investors alike.

Todays close will probably tell us a lot.

Yak52