Morning all,
Very poor performance this week with low voulme and decline trend, which really challenge everyone's patience, especially after strong jumping in the past few weeks.
I don't know what is going on there as no significant trading vol and information surrounding. I more believe this low vol and decline trend are due to correction and maybe financial year is coming to the end, some investors are seeking some tax benefit by selling shares. It could be another big guy accumulating shares again, however, based on so small trading volume, I don't think this is the case.
Big guys selling their shares quietly? I don't think so either as they bought shares approximately $0.40-0.50, sp now is not high enough for them to get away. Dumping activity is not yet to come.
I think the sp will still go weak and hopefully see it jumps on Friday.
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