higher red shooting star pattern now at 2.8c, massive volume 150M shares now
needs to close at 3.0c-3.1c for a higher green doji,
but that long wick 3.0-3.6c is troubling. It got smashed down by high volume sellers.
Good ole ozzies smashing the tall poppies yet again.
Who are all these mad sellers? WHy buy at 3.5c-5c and sell at 3.0c? Doesnt make sense. There wasnt that may buyers below 2.5c to do this. Maybe shorters coming in now or even the yankee bondholders using their hedge funds like JPM Citi HSBC trying to stop the undermining of their cheap free takeover plans.
If IOP futures look stable, many might take a punt and hold overnight but the heavy lifting was done yesterday with the IOP spike of 18%.
A 1 bagger run in 2 days is incredible but nothing like FQMs run of a 3 bagger in 6 weeks.
Trading rule 3
Always preserve capital, take profits always
(you cannot be criticised for profits)
Trading rule 4
Know thine enemy, it is thou
AGO Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
