re: question Ousia sorry HI Ousia,
I did respond to your last post yesterday, after much searching for positives on the stock,(anyway the post was deleted).
I did mention that the 19mill was very significant in its timing, who has got Level 111 broker depth , surely someone knows who is buying?? That was 28Million for the day dont forget the rest of the buyers.
Anyway after Monday the Chaikin Money Flow obviously soared .170 to .330. The reassuring part is it only lost 50% of this gain Yesterday, with the VWA at 12.1c
I see the Money flow as holding these levels with Instos and Tax Vols being absorbed .At odds is the long term Down Trending Chart which needs this sustained buying to turn up within the month without further significant decline.
Due to the attraction of daytraders to these High % tics and declared Fundamentals (basic asset value ,is enough?) I anticipate little downside.and will not be emotionally nor technically whipsawed out at the bottom?
thanks again for your analysis.
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re: question Ousia sorry HI Ousia,I did respond to your last...
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