Technically the setup changed, hence making a decision based on the cards being dealt at the time.
Have played this a couple of times since the mid 2's entry over the past two months. The yellow circles showing where de-risking signals were given and the chance of the push to the mid 4's+ reducing in the short term as a result.
A couple of short term drivers that have accelerated price action at present include the pullback in gold and acceleration of this post Trump election win and also the recent drill results not hitting the mark in terms of market expectations.
Looks to be someone of size (possibly new to the register courtesy of the 3c placement) exiting on market and accelerating their efforts on Friday. RSI hitting oversold signals a high chance of occurring in the short term and may prove to be a good entry / re-entry / top up level.
Plenty my results and news flow to come to drive an outcome here.
TSO Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
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