Seems to be having a little trouble getting through 1.7c...
Might need to see a bit more volume in the 1.6-1.7 level before it's free to run again?
A couple of dumps at 1.7...I suspect probably the traders who cleaned out the 1.6 line yesterday...but not nice to see regardless.
Consolidating just above the 1.6 resitance/support level...so if this continues, it bodes well for coming days. If the 1.6 should get cleaned out however, we may be in for a few more days of consolidation before it can run again.
At the crossroads in my opinion...and as I said earlier today, it could go either way...if it is the top, any fall through 1.6 should be seen as a short term exit signal.
I must say, so far it appears to be a mirror image of yesterdays trading...even the dump has mirrored the one which initially cleaned out the 1.5 line early yesterday...wonder if we see any late afternoon runs again today?
Cheers!
YAM
yamarna goldfields limited
sometimes your'e right...sometimes your'e not..., page-7
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