The current SP needs to be appraised cautiously. The volume indicates some soft selling, probably to pursue other opp. Having reduced my initial stake i get tempted n topped up a small parcel.
However the SP postion even on small volume drops below 8.2 it would be signal that market has lost interest. IMO if this eventuates buyers should return seeing value at that level, no support would to me signal drop to low 7.'s... i personally would be ver concerned if this happened with results pending.
Time to be brave and expect the unexpected.
All is IMO only
The current SP needs to be appraised cautiously. The volume...
-
- There are more pages in this discussion • 132 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
