A lot of that selling dowm from 17c would have been intra-day...

A lot of that selling dowm from 17c would have been intra-day churn.

Those that bought a couple of days ago can get out today T+3 with a profit of around 30% in a coupleof days.

The buying was consistently strong all day.

So on the basis that recent T+3ers will have exited today then there will be less resistance at 17c tomorrow which will send the SP above this level until a new resistance level is found.

All imo of course.

EB