Would have expected them to have taken it down there when they've had the chance to and all depends on what buy orders are going on in the background at this level - but you never know and in the past we've seen these things drag out and what looks to be strong support suddenly breached (such as that 59/60p sort of area in the past). I would suspect any dip to 36p-ish would be intra-day, very brief and not much prospect of buying any sort of amount anyway!
One of us should get what we want then as I'm looking to do it the other way round - although still got plenty of XEL if it does move first, wouldn't mind seeing the 90s there again (only so i can buy as cheaply as possible if i get a chance!). Happy to be holding shares in both anyway!
Anyone would think that you'd posted numerous times that you're happy buying at these levels and lower, even if we were to see a dip which would set up some of the rises that you've mentioned as well... :)
A lot of the TA guys seem to think we'll see mid 30s but doesn't mean it will happen and there comes a point when something is cheap enough anyway and you don't need to find the very bottom, plus if you're not in you can miss a rise - have done so myself when trying to get the best price rather than just a good price. Personally I've always found Bonker to be a decent poster, plus i speak to him away from this board, and he makes some good calls based on his charts. Always surprises me that people are happy with those posting TA when it points to a rise, yet that soon changes if anyone posts that a drop might be coming! Not too bothered either way as have now bought as many as I'm going to anyway and am looking a bit more long term than the next couple of weeks.
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