Normal
Going back to the $12 million cap raise announced on the 23rd Sep, then the immediate push higher on the 24th and multiple high Volume days for the week following ….. It looks like the instos may have been unloading into that exuberance (which they no doubt generated). This will make the current price action a bit hard to read given there will now be some high Volume resistance points above where the SP is at the moment, plus todays announcement was given a luke warm response. Spotting any accumulation (or lack of) will help decipher the puzzle.On the fundamental flip side, the resource looks potentially BIG
Going back to the $12 million cap raise announced on the 23rd Sep, then the immediate push higher on the 24th and multiple high Volume days for the week following ….. It looks like the instos may have been unloading into that exuberance (which they no doubt generated).
This will make the current price action a bit hard to read given there will now be some high Volume resistance points above where the SP is at the moment, plus todays announcement was given a luke warm response. Spotting any accumulation (or lack of) will help decipher the puzzle.
On the fundamental flip side, the resource looks potentially BIG
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