The accumulators are slowly losing their influence at these levels...
Buyers are appearing, forcing them to up the ante somewhat.
Probably see news tomorrow...or at least the market might be expecting this...as such, could well see increased buying interest towards the close.
This will force the accumulators to chase the stock higher...and more than likely, generate a significant increase in volumes.
I see $2.75 as a likely close...but I guess anything could happen really.
Cheers!
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- will want a 2.75 finish...
AUM
australian mining investments limited
The accumulators are slowly losing their influence at these...
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