a close above 62.5 will bring in a whole new bunch of traders with a higher high higher low ascending MACD and Stoch
It is stilll very oversold and with excellent fundamentals new tarders will emerge progressively over the next week.
Todaywill be building a foundation This stock notably has never had big days about 20 million shares traded is the biggest what a joke...no funds are involved so trading relies on the likes of an Evraz for example who have been sidelined and are probably sellers now attempting to cap the sp
Most holders are probably close to all in so dont have much more to spend on this stock so we will be relying on new traders and possibly new interest by funds as record days for cap return and special divs get closer.These are still a way off and all the funds are gun shy at the moment anyway.
I expect a slow increase rather than a shhhaaaabang
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