Whats going on today are we seeing a typical Friday sell off. or...

  1. 11,632 Posts.
    Whats going on today are we seeing a typical Friday sell off. or are we follow that donkey ozl down for climb up too hard to quick.. There chart(ozl) looks very untidy now as well with two gaps at the beginning of the month at $1.45 and another $1.12.

    Well some thought BHP was definitely looking at OZL its clear that was not the case now..here some thing to dream about instead xstrata walking away from anglo ....maybe we could start up the old xstrata ozl takeover rumour again or they may be even looking at PNA... I can see HT already come for me now. Think I'll start running now.

    Ok for the record IMO there is the start of a double top being played out here It clearly failed to launch strong enough when it needed too, like I say before it had to really get stuck into the 55c for my liking..I did point it out much earlier just as it was beginning to form to some of my friends those people will know who they are. but held back because I didn't want to scare people and I also didn't think I had the necessary TA expertise to warrant posting either the chart or my analysis.

    I also want to just add its never in my best interest to see pna fall and hope it starts going north again soon. I'm never out of PNA.

    Regards
    Mx

    PS all of this is just is IMHO and just sharing it with you all.

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