Bullish Sign? - Bounced off 200 EMA, page-2324

Good morning everybody
I just saw we also had around 50% short sales on Friday - if you remove the one million shares that went after market and in the closing auction.

And realised myhopes Jules & Co were enjoying a well-deserved break on the holiday long weekend were the kind of wishes beggars ride .
That holiday - for some at least - didn’t happen.

As to this morning’s news on the tunnel problem and it’s resolution or even an update @Yardbuilder I hope you are nearby!
As far as I can see the current situation is TBMs are still stalled as there is a need to rethink the logistics in regard forward progres after physical damage to an area beneath Dundas Road, Forrestfield ie :
“The leak has caused 10 tunnel rings near the point of the cross passage to move prompting additional internal bracing to be put on place as work continues to stop the leak and resolve the sinkhole damage.”

Definition of a tunnel ring :https://www.forrestfieldairportlink.wa.gov.au/tunnelling/tunnel-segments

And here a useful link which gives a comprehensive overview of tunnel projects and TBM’s https://theconversation.com/dig-this-how-to-construct-melbournes-metro-tunnel-safely-12588.
..includes note that managing problems like those at FAL are part of the job
“Most large cities around the world are built on top of soft soil as they have evolved from ancient trading villages near lakes or major rivers
.......
We shouldn’t be surprised to learn 50% of all EPB tunnels are built below the water table. Some of the major cities in which EPB shields have been used include Shanghai, Bangkok, Rome, Naples, Barcelona, Madrid, Rio de Janeiro, Los Angeles and London.”


Cheers