SP looks very much to be controlled last week or so.
Well known drill pattern been played for a quick trade umpteen times so far over the weeks - fair enough.
Now we have constant small sales, little SP movement on a nice announcement, bigger volumes of sellers up the list that small fry traders can't tangle with as easy, and JORC "imminent".
Surely someone wants in on this?
Just waiting to see when they jump in.
Sentiment - buy 'em if you can hold'em and wait - but be wary if you want to trade in and out and win... Maybe due for a bit of a tree-shake here soon?
This is a lot of coal on a lot of radars.
Any thoughts?
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