What has happened to us?
A number of intelligent HC posters with some very insightful comments about our favourite stock, yet we all seem to have overlooked something - we had a new weekly closing high.
The week beginning 26/11 when we had an intra-week high of $5.25, we closed at $4.60.
Last week, we closed at $4.61.
I know it may only be 1c, yet in the world of TA, 1c can be significant.
Vol is starting to build again as the festive season is now behind us.
Seems as though we're not too far from news flow and the next leg up.
Bring it on!
PO3 Price at posting:
$4.61 Sentiment: Buy Disclosure: Held