It looks like an over reaction to me & maybe just a seller dumping his load.
Whatever that dump down to $0.075 was all about I didn't read anything negative into the announcement to warrant selling now.
The buyers came back in to close her up so I will take that as a positive. The lower box I have outlined was my downside target after dropping thru the last one. Now I would expect to see the sp rally back into the centre & hopefully break through to the top again.
There has been no material changes to what we know & I would imagine that management is just as frustrated as us.
PSY Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
