Cabbie I‘m not sure if we agree on the entire move with the low being 8.8c and the high being 45c, but if so then Fib 50% I have at 26.9c so let’s call it 27c, but please not 27.5c. That is the reason why I keep on talking about resistance being situated at 27c and also taking in 26.5c and so far SP has not managed to close above that level.
Is it because what you call the makers are taking profit to possibly have another go at even lower prices, say during a selling climax as per Wyckoff or is it possible that some market participants at these levels are simply happy to take their money of the table while anticipating further delays and uncertainty about the funding?
Cabbie I‘m not sure if we agree on the entire move with the low...
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11.5¢ |
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Mkt cap ! $77.19M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1088450 | 11.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 487997 | 11 |
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