re: ** 2 cents to sandy Finished on it's highs on Friday...This...

re: ** 2 cents to sandy Finished on it's highs on Friday...

This is an important number, so I think there may still be a little selling at this level before it moves ahead.

I reckon about 40m shares should do it...so if we get another 100m+ volume day, we should easily see 1.5 and 1.6 taken out and maybe even a few licks at 1.7c...and if we get a huge volume day, as I suspect we might, then we may even see a serious push towards 2c.

Resistance seems to be thinning the higher it goes, which suggests that some of the big buying at lower levels, must have much higher targets.

As I see it, Friday's action was relatively calm, even though 100m+ still traded...so if this pattern persists, we could easily expect to see 1 or 2 point rises on a daily basis!

If I had to guess, I would expect it might peak towards the end of next week...but what price is anyones guess!

Cheers!