They r trying to chase n give exit for 0.31 cts but actually buying were ,31.5 cts last 2 mkt days.It will be quite long wait n its doubtful going to go below 30.5 cts. This ctr is definitely a buy n have wait n a PN17 I have 2 miserable days n that's why it is being well controlled n based on willing seller's willing buyer's.
Monday 0.31 was outliers 31.5 is actual buying 0.32 cts were always 1/2 cts normal mode.Is 1 is good .0.33 cts is breakout. BUT it has been 1/2 cts mode.
If can closed 0.325 good,0.33 cts very good,0.335 excellent.The previous high few months back has nothing to do with coming high cz coming are white Knight exit PN17. GOOD LUCK. CONTRA NOT ALLOWED.
Not yet started, however the 129,659 n closing px of 0.33 cts n touch 0.335 are considered good indicators The start will be announcements of exit PN 17 + how good next FYR performances.
If u understand how programme buying work u will be ok.Very very seldom contra can make money from programme buying unless u can hold for certain time periods.
nice base now, however extended pullback to 0.27 discount can be expected before the kickoff. safe collecting range is 0.29-0.295. 0.4 is very much realistic target before the year end
Nice build up volume. If price continues to rebound, rejection @ nearest weekly resistance 0.35 is to be expected. If price continues to pullback, nearest weekly support is @ 0.28. Continues to break without rebound, cut loss just below the support.
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Time to consider