OST 0.00% 86.5¢ onesteel limited

short covering - as sp heads north, page-10

  1. 8,134 Posts.
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    Share price action has slowed to almost a halt, buyers seem to be exhausted but having said that not many are really selling either.

    Tomorrow will paint a better picture of where this is going in the short term.

    Im predicting that sellers will slowly start to over power the buyers.

    Alot of people are in a nice profit atm and im sure they wouldnt mind taking a bit off the table if they see it reverse later on today or tomorrow.
 
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