I am surprised this has not been smashed down below 18c, which...

I am surprised this has not been smashed down below 18c, which has held as support for a week.

Maybe this has something to do with yesterdays buyer who aggressively cleaned out a line of 1m in the afternoon?

The XAO seems odd considering the Dow intraday graph. An initial dump, but little follow through selling, and very few stock trading discounted to vwap. This leads me to conclude that the instos don't really think the rally is over....yet....