technical opinions - asc triange?, page-5

My prediction going forward for the short to mid term is that we will have a slowly rising accumulation uptrend punctuated with splurts of prices rises associated in the main with +ive anns...

I think with the recent capital raising we will have a rock solid floor at 10c based on the massive over subscription to the CR. The market so far has shown it was not bothered by the raising which also confirmed the fact that it must have been oversubscribed in a big way.

I see evidence of passive accumulation (Drip buying) which is being ultra careful not to spook the market higher... Surprised we have not seen the bots or the institutional folk dumping large dummy sell orders on the queue.

The fact they they are not perhaps suggest they are topped up for now and willing to let her run a little...

Just thinking out out loud ...