Have reversed my pyramid position from a few weeks back and a few more today as i didn't like the use of the word " IF " in todays announcement, this mornings spike, lack of rising SP support and a red candlestick that looks like pinocchio. Todays TA ends my pyramid trade and has turned out shorter term than i anticipated or was hoping for, however hope and anticipation is really a mugs game, decisions need to made.
Still hold some with LT outlook and still think LT FA is goodly and looking forward to the update and will be looking to increase the long trade if all goes well with the business.
Best Wishes.
UPD Price at posting:
$1.20 Sentiment: None Disclosure: Held
