re: where to now!- more alltime highs? Just to say - to repeat - that groups have summed up quarterly reports about this time of the month and share price reacts accordingly.
My interpretation of today's trade is that something positive in oncoming report has been the force behind todays surge of buying to an all time high.
May well come off the boil a little tomorrow - perhaps?
The signs are that prediction of a move towards 70/80 cents short term is ontrack.
The splurge of buying above 60 cents could also be in acknowledgement of corporate development/s soon to be announced.
Whatever.
Could we take it that today sees a technical break through of 60 cent resistance area?
Come on 70 plus cents share price!
Cheers,
NT
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