re: what price oversold Hi 108033, that's a vexed question and...

re: what price oversold Hi 108033, that's a vexed question and one that may attract many opinions and different reasonings. My simple answer atm is its the Amex - have a look at the last 6-7 days on the amex chart and its trending up more consistently than the oz chart:



The only reason I could attribute to that is the expectation of breaking the psychological $3 barrier, but otherwise I see no fundamental or other technical reason why it would be either.

Hope that helps, I'd be interested in other views.

Cheers, Sharks.