good call itgod, page-9

I was starting to have doubts about the "money flow" and thought i may have missed a mid 20's top up , but i left my buy order in and got a really nice parcel at 25c, thanks to someone or someone's who well and truley panicked.

Given that a lot of stop losses got triggered was surprising, this really was one share that was going to bounce back as soon as the dust settled. (17.5% in one day, ) And i know a lot of that was people who sold out and bought back in. ( Fear and Greed)

In it's meteoric rise to fame (50 odd cents), this was done on massive volume and also the adage of buy on rumour and sell on fact , has never been truer. But it fell on low volume, so once again the few who panicked penalised the SP.

It will now flirt at around 32-35c before accumulating and pushing back to 40 odd cents before the instos jump back in and push the SP back to respectable figures.


DYOR, mine is purely technical, i believe the Fundamentalists have done all the hard work and i am just lazy.