this ran from 54 to 73 in 5 days ..the stochastics reflect this as now into overbought and in need of a cooling off by way of a consolidation sideways....there can quite commonly be profit taking on lower relative volumes after such a break and that is occurring today..I believe the breakout level at 65 will be retained ...failing that I have a fairly tight stoploss at 60.. cheers
Todays VWAP is still at .07 augurs well imo...
NTM Price at posting:
7.0¢ Sentiment: None Disclosure: Not Held
