I agree with cougar. Thats exactly what ive been doing ever since I got on board. Have learnt alot of what sneaky plays go on.
These 'sinister' forces are part of the games i called last week. The closer we get to the meeting, the more volatile things will get i suspect, as we see here. Dont forget there is sell supply from people who are happy to pull in the 25% profit from the 2.5-6c we were only a week ago. Then add the momentum traders, T3, plus little opportunists like Byron who admitted making a play in the 3.5 to 3.3 range. Add to that the punters backing a retrace after the recent rise, selling down, only to get it snapped up by the FOMO crowd. Mix them together and you get action like today.
Or am I way off?
AWD Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held
