Short covering rally about to begin, page-4

There will be some resistance points on the way up, unless BUY demand is really big and blasts through them.

There is a big point for BEP for a lot who got in when it looked like it was taking off and ht 50c, then regressed to sub 30c. Many of those may just want their money back and out.

Another at around the 70c mark, which was both CR price and also dead cat bounce price many got in at post CR.

After that, a lot just above 90c who got in as it dropped from $1.15 to 90c on huge insto selling [ASIC where are you still??] in the 2 days prior to CR. Again, probably feeling burned and may just want to take the opportunity to gracefully exit.

The lastly the group who held on in that $1.10 to $1.20 range as it dropped, not expecting what happened with UBS involvement in selling insto shares and CR raising etc to happen.

All the above of course assuming no stops set etc.