It was a bit interesting that on a decent down day, Coles closed slightly higher (it did dip lower during the day, but easily recovered the lost ground by the close). I waited for a while to see if it would capitulate, but support remained firm.
It certainly appears like an accumulation maybe taking place.
It might nearly be time for a Yanet appreciation thread I reckon.....
cheers
S&D, S&R, Trends, Fork's and Turnarounds, page-499
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