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  1. OceanView
    2,752 Posts.
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    03/11/16
    14:57
    Post #: 20345771
    "I prefer the 2 steps forward 1 step back approach." Lux

    So do I Lux, using a staircase analogy, first the height of the step and the length of the flat bit must be established in price and time.

    Concerning sp ERM was undervalued therfore the heights now needed to catch up to fair value, it will overshoot.

    The flat bit will be a pause probably caused by POG, and "dead air" because of a lack of news, it may well be a step back too.

    OV
    ERM Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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