Trading, page-3

G'day Nijiman.



The chart shows that generally the higher volume days are down days.

The price action today was rather positive however as the sellers drove the price down but the bulls lifted it back up to finish even on a bigger volume day.

The moving averages show that it is oversold, however it can stay oversold for some time.

.021 seems to be support here but unless some news comes quickly,  going by the angle down of the moving average lines, I would think that that level will soon be breached.

I hope this company comes up with something soon.

The moving average of volume is starting to climb more steeply.

Lockitt