SPQ chart, page-2462

I expect a re-test before next move, unless we'll continue to consolidate in a sideways pattern.
Past break saw re-trace to fib, VWAP, and 50EMA.

Obviously, news would render any of my expected moves irrelevant. In the absence of news, one turns to crystal ball gazing, a correction on low volume (as we've seen over the last week) could be expected. Visible buying support 3.7 - 3.8 (DOM / Order panel) matches up with the 0.5 - 0.618 fib. Clearly some investors using the fib rule to place orders...

The sentiment being, 3.7 - 3.8c is support, a lot of orders waiting to be triggered at that level.

I'll be happily proved wrong though, but equally happy & content if we see red.

P.S - Down-rampers, the presentation wasn't presented well, however, the information is still there, and also in this HotCopper, where a few members clued in, and got the answers we needed. The presentation simply wasn't bad considering we rallied 46% following it, and 70% from our year low.

It wasn't to expectations as one should probably word it. I'm happy.