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sorry I'm not overly confident in predicting price - my initial...

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    sorry I'm not overly confident in predicting price - my initial short term thesis was the recent bounce wouldn't come up as high as it has and that proved wrong pretty quickly. I'm more comfortable making general observations like the volatility and breadth on display is not conducive to a healthy stock, and given the pull towards liquidity (stop losses and buys) the best I can guess is price would naturally want to hoover up whats sitting below 1.9, maybe even 1.5 (these are old swing lows however, so not sure how much liquidity is actually left there considering many could have unloaded in the large appreciation in 2023). It has been a low volume test below 1.9, an important price point.

    I think a high volume decent candle or two on the weekly that takes back some of the averages will be the trigger for many. My entry criteria would manifest some time after that hopefully.

    https://hotcopper.com.au/data/attachments/6524/6524439-33abf4822a73a1f5c7fdeb0cf0fd2a05.jpg

 
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