After today's drop, we are now working on the large gap from 7.4c up to 8.1c which is partly closed from 8.0c to 8.1c.
Remember we are working down the prices that gapped on their way up.
So that means we still need to get down to the remainder of the gap from 8.0c down to 7.4c.
Hopefully 7.4c should be the bottom but, if I was a buyer, I would come up a couple of points to have a better chance of getting hit.
After that we should be in clear air as the smaller gaps that quickly followed the Platinum drop in sp, I would be willing to dismiss, unless proven otherwise.
Hopefully this distasteful period will soon be over and we can then get to a steady sp rise without up gaps.
This is not meant to be financial advice and so do your own research.
GLTAH, well most anyway, LOL
Lockitt
PER Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
