todays trading was a wild day, the close at $2 is very very good as its way above the low of $1.77. What happened today was a very big flush of short term money being sewpt away, also its likely birkers/funds had a field day cleaning up ALL loose shares. $17m worth of shares trading today is clearly the big boys are in town again.
$2 is less than 10% off the intra day high of $2.25 and only even less for the closing high of $2.16.
The chart at $2 is showing a very tidy reversal, most importantly the day finished with buyers in complete control, the rest of the week is going to be again very interesting
cheers
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