Figured i would start one of these up given the forum is a bit fresh
Extremely bullish action today putting in a nice reversal off lows followed by plenty of buying action around 5.3 and 5.4.
This should cement a new base for the stock as the seller appear's to have run out of ammo.
Would be nice to see it close above 5.8 tomorrow on volume.
Looks like folk are starting to take a bit more notice of this stock, as the options are now trading at a reasonable premium to the FPO's however i think they are probably worth a few pips more given the expiry date on them.
TA Charting Thread
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