I think retail investors who were miffed that they didn't get a chance to top up at $18 late last year like the big boys will get their chance soon enough.
When did Goldman Sachs initiate their coverage with a SELL recommendation ?
I might actually know more about TA than you, and I still don't see how anybody in a long position would draw comfort from seeing an long term upward trendline broken??
What's also a bad sign is the December support at 2900 has today been well and truly busted. Next historical support is last October's at just under 2800.
To foretell the future, one must first unlock the secrets of the past.
What's also a bad sign is the December support at 2900 has today been well and truly busted. Next historical support is last October's at just under 2800.
Bookmarks