no trading to speak of today but the strong bids in the top 3...

no trading to speak of today but the strong bids in the top 3 price levels are 8m buy and only 2m sell. total volumes 50m/41m and the top 2 price levels show 5m buy and 1.2m sell , with the top 5 price levels 10m on buy side and 4.5m on sell side.
the resistance is around 3.1 with a thin spread of sellers getting thinner as each day goes by building to increasing buy bids, reducing sell offers, all primed for an announcement, the low volumes a worry though as this could indicate few new entries into gda.
now that the overhang impact of recipients of the rights issue flooding the sell volumes after the 6c peak in January and the world wide bear impacts on just about all stocks, gda is still up on year start and has established a solid base from which to launch from. Higher prices dependent on the news and company announcement details.......watching , expecting, .....
only 300k shares bought today.....has the cricket started early?
cheers and good holdings, FS.