People are attacking @JabraD because he isn't a holder. So...

People are attacking @JabraD because he isn't a holder. So here's my intake as a holder who is down substantially and needed to sell off some shares.



Not really much going on from a TA perspective. Bollies are pretty tight, the SP is tracking towards the top end, which means short term it will most likely decrease slightly... The SMA is well below the EMA which means there is a long way to go until the price will increase substantially, we need the SMA to cross the EMA for any moves to happen. MACD, nothing to see there, going sideways basically, just like the price probably will for a while yet.

Definitely in accumulation phase if you're looking for something longterm. Again, all the standard fundamentals could change this for better or worse, i.e., results, execution risk, etc.

I also think even if there is great news short of a blockbuster buy-out, whatever news is dropped will be sold into... Unfortunately that's what the sentiment looks like.

@slick sorry mate, I know you emailed me early last year but I have just gotten back from an amazing travel trip through Central Asia and Africa doing heaps of trekking and climbing - wild can best describe it. I know sometimes you get beaten up around these parts so thought I'd put some TA up from what we were discussing from a holders perspective - it looks a bit grim in the short term.