Key Sign : Buyers are now slightly outnumbering sellers on this stock for the 1st time in about 2 weeks... Also the SP has reversed upwards...Have we found the bottom ???
Maybe so I think I will be convinced when it takes out the resistance around the 8.5-9c mark.
Definitely looking more +ive today than it has been over the last few days though ...
I expect the downwards pressure of late was caused by a lot of shorter term traders getting caught by surprise when it suddenly reversed when at 16c... I think they were expecting a it to top out around 25c.
Key Sign : Buyers are now slightly outnumbering sellers on this...
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