Hi Subah I don't think they'll go down much more before the next rally .... and welcome back Kevi.
I have noticed that when the flag reaches the pointy bit (note the great technical term) it shows that the price has settled causing the volume to drop off. This means with this share, at the moment at least, it is not worth waiting for a substantial fall. I tried this at 53 and then 59. The main reason because of the big fall early August.
I think that when the flags get smaller it means there are not as many DT or T3 holders pushing the price up and down any more - meaning it is not as profitable for them. The buyers have been relatively small this time (not height impaired - small lots I mean) and are holding for the longer term IMO.
I wonder if this is why the caps were put in place to try and stop the volatility in the share price.
Thanks for the charts guys. Do you do do analysis as to why trends and patterns manifest - or is it just that they are what they are. You are certainly giving me and, I am sure, a lot like me plenty of food for thought.
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