Bounce!31 Jan 2018 19:57
Seems to me that the sellers are drying up looking at the trading patterns, from the first `rate` of fall this morning it then started to slow and the 15 minute chart was in a sideways pattern come the end of day. So fall being `arrested` by more buyers coming in, and by the end of day the potential sellers, of those holding pre RNS, were now only looking at a 45% rise, so probably going to hold for the re rate following this great news....with more news to come!
I get the feeling that a significant amount of traders and savvy investors are waiting for the bounce, and when it comes will be strong. Buy orders could be mounting at 14p - 15p now, so tomorrow could be very interesting since the sp all but touched the 61.8% Fib retracement of the rise today!
We`re on the radar of the traders with such % potential so only a matter of when, not if, they pounce on the bounce!!