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I am no chartist expert but I watch shares trading of particular...

  1. 142 Posts.
    I am no chartist expert but I watch shares trading of particular interest.

    The last couple of days have seen some serious buying in large chunks, both days the share price moved down to 2.4c and it appeared 2.4c would be taken out but support returned.

    Given the bulk of buying the last 2 days of 200,000,000 shares has been at 2.5c I consider this level consolidated and excellent potential to push forward.

    Seeing 8 million bought in parcel 15 seconds belfore close indicates there are more than day traders at work.

    Are the people "in the know" hearing the company has turned the tables and is now trading comfortably.

    I have taken a position the start of this week and am starting to feel positive about this one, I was going to only stay in short term, however, I suspect good times may be finally on the horizon.

    Time will tell.
 
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