I thought since the sp movement is not that great (but i have to admit that in today's action the sp has been holding well), by posting my views i wanted to see whether it'll make the sp to move in any direction...:-) lol... I think today the accumulators (who wants to get the divvie and buy for long term) will fight with the traders who wants to exit today without getting into sell down tomorrow... and may be put the money into other stocks like SSM for trading purposes, where people will chase after for the div.
Thanks Dhuy for your chart... I think the chart looks like it has reversed from the downtrend...and i'm still waiting for the key resistance @ 0.32 to break...if it is not going to happen today, i do not see it happening in near future... Any thoughts on sp movement today with some explanation/evidence will be highly appreciated... Cheers PMT
EHL Price at posting:
29.5¢ Sentiment: None Disclosure: Held
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