So you saying it went up on "investment criteria" ans it has only gone down on emotion and greed ?
Seeing a lot is speculation atm
How about seeing both events with the same eyes.
It went up on greed and emotion and it has gone down on fear and emotion. If there is "investment criteria" Then this "correction" Will end at this price level. Maybe with an intra day spike lower and a bounce into the close.
Looked promising on Friday for a while. Sure the savvy will take the opportunity to let price fall. But "investment criteria" will bring in the buyers.
We get the announcements and it moves up--> We know It finds real support and starts moving up --> We know
Until then what do we know ? Just correcting or going back down ? = It was ALL just emotion and greed !
Was a big run . Does have to correct . delays and CR threw the switch. But We need to see to know for sure.
Motorway
GCN Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held