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330 Posts.
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06/10/17
10:37
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I don't want to sound like a broken record inside an echo chamber, but the cheap shares at 30c and below WILL eventually run out.
It doesn't look like that on the surface just by a cursory look at the tape, but it's just mathematics.
That's real technical analysis... not the mumbo-jumbo drawing lines on a chart etc.
The strong hands like Arbiter, Ruffers, even miningnut and georgegeorge, have no intention of selling.
The only question is whether there will be a capitulation selling exhaustion point below 29c before the sellers run out of stock to sell.
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