There’s a good run here, but looks like overbought...

There’s a good run here, but looks like overbought territory..



Watch out for the Macquarie and ubs broker clients capitalising on the short run.. And those who participated in the recent rights issue capitalising on a 30% profit..



There’s plenty of buying pressure, you should see the 1c resistance point broken today.. Maybe even 1.2c second resistance if the momentum keeps up… The drilling announcement and board changes created a stir, but it’s a haven for T+2 traders and those rights issue participants..



Good luck punters