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11,400 Posts.
565
13/07/12
13:46
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Hey Mway,
great analysis again :)
Small volume (slightly higher than yesterday) today still so I expect support at 0.018 (very resistent thus far) to hold firm.
Buyer/seller ratio not good, but also skewed by fake bids, 10 pips either side looks only to slightly favour sellers than buyers.
Slow day on the ASX but a funny thing to note, yesterday on a down day GCN was up 10%, today on an upday GCN is down 14%.. funny old market haha
Keynote really needs to hold support, breakout below on volume would mean capitulation IMO.. Breakout without volume could be a false break.
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