As suggested last week, 24c was acting as a support. The run was 17% from 24c to 28c.
It has now retraced to 50% (26c) level. Or may be 61% (25.5c) .
Bought back a small parcel here at 26c (again good interest here).
The question is can it hold the 50-60% retracement level (else back to where it started).
If yes, the next question is can it break above the previous peak (28c) to confirm another leg up.
We shall find out soon.
As suggested last week, 24c was acting as a support. The run was...
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24.0¢ |
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| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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