yeah, shorts are all over it again.
They will stop and let it recover and then do it all over again. normally a fortnightly cycle.
One major positive is that each spike has a higher high and a higher low, so technically if you look at the 3 monthly chart we are still in an up-trend. Draw the trend lines in and see for yourself.
But yes, definitely being shorted and will continue you to do so until a higher U price scares them off :)
Dont worry too much about it, just the way it is these days and normally ends in shorters getting a rocket up them.. just look at FMG and LNC in the last 12 months.
Cheers
D85
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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---|---|---|
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3 | 2536 | 12.850 |
3 | 20188 | 12.840 |
8 | 16682 | 12.830 |
5 | 19406 | 12.820 |
Price($) | Vol. | No. |
---|---|---|
12.930 | 4473 | 1 |
12.940 | 1711 | 2 |
12.950 | 4208 | 3 |
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