Maybe today is a good day. Surely at some point we need to test and hold recent lows with some significant volume to actually confirm a reversal is in place, double bottom or similar pattern. It feels like the collapse and relentless bott down selling has at least stopped now for some time, maybe it is becoming apparent that these products are now acheiving some serious market penetration and buyers are gradually creeping in around this 2c level. I was hoping reversal was already in place but never really thought we had that much volume to confirm this. Hopefully today is the day if it holds its lows.
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Maybe today is a good day. Surely at some point we need to test...
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