Andy
Re your good luck buying under $1.50.
I believe that the shorter's played yesterday with a significant price drop. If you look at the daily action there was no real buying by them at the close of the day at the lower prices.
I think this means that this could be a multiple day shorter's play.
The market is about to open as I write this. I expect low volume sales from under 1.57 lowering the price down to the low $1.50's.
With a few strategic mid volume sales prices could fall to under $1.50.
If this is a two day play significant buying should occur late in the day. If its a three or more day play then the mid to low $1.40's could be achievable. If that happens I'll be in myself.
- Forums
- ASX - By Stock
- TFC
- Up and away?
Up and away?, page-24
Featured News
Add TFC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online