MM, looks like you are right my friend. Yesterday's 5 million volume was the breaking of support (on an up day as you point out) and it didn't take much to push it lower at the end today. Interesting that the VWAP was above 178.5 until the auction (yesterdays close) so whoever is pushing this thing down is playing it pretty smart. Obvious little nudge down in the last 15min and Bob's your uncle, the down trend continues.
With the market wobbly and few natural buyers this far out from divi date I accept this will hit $170 in the next couple of weeks. Do I stop out with the other rabbits for a few cents turn around in a couple of weeks time or just sit on the boat as it takes water? Love the game but hate it when I get it wrong.
see ya at the bottom.
cheers
DUE Price at posting:
$1.76 Sentiment: None Disclosure: Held
