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0.6¢ buddy technologies ltd

The buy volume is looking a little weak IMO, maybe a bit of...

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McKhenry

5,326 Posts.

867

30/12/19

12:02

Post #: 42162295
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Originally posted by shovel40: ↑

Often indicators and patterns just don't matter when you have a large holder exiting.
Bit like defying gravity.
Cup and handle formation has sort of failed as the bottom of the handle went lower than
the half cup.
But what's good is a new cup is forming.
SP 3.6 is at an interesting/critical point, as it broke down here recently.
I'd like to see 3.9 soon momentum wise.

Personally I think the Volume is impressive for this time of year,
its already above the daily at V20ma of 12.699M
and we are only a couple hrs into trading today.

If the big seller is dry this could move quick, especially with a decent ann or 2

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The buy volume is looking a little weak IMO, maybe a bit of FOMO/ impatience on the buys pushing the price up.

Still in saying that, it is smack bang in the middle of the trading range.

BUD Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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