@Cadwallader
I agree with thunderhead1.
First retest of ATH ($1.435 - $1.410) failed, even we recorded a new ATH briefly.
Already broken the $1.360 - $1.335 on it's way down.
Agree sp dipped below $1.250 but I will wait for retest, before I could agree that
$1.275 - $1.250 Area of Support is also broken.
I noticed that mostly it is small volume of trades since sp started the downward direction.
So I don't believe big shareholders are really selling off, but most likely some are pushing the price down to take advantage of Director Brown selling (Off-Market trades), to scoop more shares.
For topping up more shares, I usually wait when the sp direction is upward.
Obviously, above are All My Opinion Only.
Btw,
I am Long Term HOLD here in XRF but that does not mean I will not trade some of the share price swing (buy long only) that might present on me.
All the Best and have fun everyone.
XRF Price at posting:
$1.23 Sentiment: Hold Disclosure: Held
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