Well this has been the Second pause in momentum with today pointing to more continuation,I would say 90c may hold as support, simply based on the weak Round Figure approach,
AC has stated 85c based on a Fibonacci level I believe.
I certainly couldn't be confidant enough until price data shows Buyer uptake, at this stage its too early to tell in my opinion as price is show continuation, but soon is likely given the pace of its decline in relation to a trailing mean, I might expect 20%+ gains to be possible in a very short period e.g 2-3 days snapback when it turns.
AA (not Advice)
AWB Price at posting:
80.4¢ Sentiment: None Disclosure: Not Held
