August & September traditonally been lowest quietest months for World markets...Coz U.S. (the biggest) ...the big Brokers/traders go on vacation ...
So lotsa markets just dribble along sideways at best ...of course individual companies will have announcements for drilling hits/M& A etc...
The Chart shows we have a strong support level .. at $1.40 -ish...zone...
& with 10 DMA & 20 day Moving average at $150 -ish.....next week could see S/P cross above...maybe an announcement with good news could be the catalyst..
I cant see S/P dropping to $1.15 unless for a black swan event on world markets (war with russia /china etc)
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No. | Vol. | Price($) |
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2 | 24000 | 0.555 |
9 | 152534 | 0.550 |
1 | 36000 | 0.545 |
3 | 103751 | 0.540 |
Price($) | Vol. | No. |
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