Tinwins,Don't worry about selling as there is a clear...

Tinwins,

Don't worry about selling as there is a clear accumulation currently in the stock. From the chart it is clear that by the end of the next week a resistance level of 72c would be broken. Even today in a relatively negative day on the share market the stock has been holding quite good with more buyers are coming at 69.5c.

In relation on a recent comment of "b) Buy on rumour, sell on fact." under a different thread I would like to note that the fact still has not appeared. This will be in December.

At the same time I am quite surprised that some impatient big seller(s) are taking money from the table after a so long consolidation which can be compared with a compressed spring. At the same time it looks like currently a cap (shallow) with a handle pattern is developing which is a bullish formation in technical analysis.

irynka

P.s. I decided to buy more at 69.5c without even waiting for breaking a 72c resistance level.