Beatle- great post re broker preso.
This morning we seemed to be travelling 13 then starting on the line of 13.5 when a big dumper came in with 12.5. Yes encouraging that it was all soaked up very quickly, so you may be right about other significant holders accumulating.
Next resistance is still 14c from what I can see and that means the wall at 13.5 needs, like eating an elephant, to happen a little at a time.
Meanwhile the buy side is setting very solid support at 12 & 12.5. Conclusion; if you hop on board now there is little downside risk (regardless of all the upside!!!)
- Forums
- ASX - By Stock
- RED
- some bigger buyer activity
some bigger buyer activity, page-2
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)