5 year daily and weekly charts. Resistance is coming from the...

5 year daily and weekly charts. Resistance is coming from the long term down trend and long term averages. Short term averages are up. I think this trend is going to break but may pause over the long break. I'd like otherwise but the ASX is always nervous about o/s markets when it's closed for Easter.

There are always long termers who sell coming off the bottom. I don't think it's as strategic as cashing in losses. It's the outcome of the psychological debilitation of riding a grinding down trend whilst watching capital disappear. When the trend reverses the relief for some of these is so great it triggers fear of loss and thus selling, sometimes at just the wrong time.

Good luck to all for some good news shortly!