mlennyma wrote:The rally seems to have hit some hard rocks at 36bob.
Share still very bullish.
No resistance at 36 (look at the splits and volume)
SUPPLY AT 36=595,000 splits 52
The share just taking a breather just like safcom now at 13,EABL recently at 275-280 and KCB at 46-47.
It is called testing for supply.Acceleration then slight drop to see whether supply will build at the resistance point (in this case it is only 535K and not > 1.5 M)
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”