OK, so the exhaustion selling from the 29/10 is now maturing as a point of reversal. We have another gap up formed yesterday. If that doesn't get closed by close of trade Tuesday then I can see the run continuing to test new highs. All in all we seem to have shaken off the panic sellers, volume has picked up today. I hope this an indication of a soon to be announced successful acquisition of STS (well if people know about the failed Core IRM acquisition then I would expect insider knowledge of the STS status), so here' hoping for some good news next week.
Heraclitus, how's the chart looking from your end? Got a target in mind?
NMS Price at posting:
32.7¢ Sentiment: LT Buy Disclosure: Held
