We are definitely in some “range bound” and “sophisticated investors” selling area.
20th Dec to 4th Jan - 16¢.
9th Jan to 18th Jan - 18¢.
Lots of big ‘sells’ at days end from the big investors, but not enough to spook ‘retail’.
There is an interesting ‘buy’ built happening at 17¢, but I don’t think that will get touched now.
I’m no expert here, but every indication is that when the SP breaks out….it will be strong.
Cheers all. DYOR GLAH
PS. All the above excludes bad news!
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