BDC 0.00% 52.0¢ bardoc gold limited

SPI, the TOP?

  1. 1,356 Posts.
    I have a feeling that yesterdays high could be just that.

    3168 was a critical price for me today and once it got under it in early trading its stayed under it.

    I have support at 3148 today and i'm expecting a late rally in the arvo to squeeze some shorters but highly likeyl that 3130 will be touched tomorrow. ( 3 day lows

    3130 is also the 20 day break, 5 days needs to trade above this price for it to become invalid as support and a new 20 day range form from its recent highs.

    My support of this month still exists at 3109 (50%), so we could be a slow unwind and rotation bewtween ranges, before any real weakness sets in.

    Thats my gut feeling, always wait for confirmation of course.!

    cheers,
    thoughts more than welcomed
 
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