- the SP is still above the entry point of 1.095 on the short - it's still got a long way to go before the desired 80.5 mark is hit.
I'm not saying it won't get there; just that it is a long way off reaching there at the moment.
I think some sort of retrace was ineveitable after all the price rises. I personally don't think it will fall much further in the short term. But of course I may be wrong.
PBG Price at posting:
$1.12 Sentiment: Hold Disclosure: Held