technically significant..., page-8

Interesting flurry of buying earlier today...

With about a million shares (most of those traded today in fact) quickly changing hands in the space of just 20 minutes or so...then nothing!

Almost 3 hours since and barely 100K have traded!

Interestingly however, very few if any have chased the price down during the ensuing weekness. Bids have been pulled to give the impression of weaknes...and still no selling!

Options are moving higher, apparently happy to maintain a 3c premium for now...but even here, volumes are insignificant.

Needs to move higher before volumes can reach any statistically significant levels...which I suspect the earlier flurry was designed to generate.

Hasn't worked too well...so they may need to push it up even further?

Cheers!