RE: PREM12 Feb 2020 09:35
Was not trying to ramp the out of it as you suggest Jessell. There seems to be a lot of talk about ramping stuff for exits lately. I could have sold yesterday for 0.133 if I wanted a quick 40% decided there was more in this than that. So held.
Also, it has pullback from recent highs and reached a previous support area on the daily. It broke out from this sideways range and was likely to test the top of the range before moving higher. W hich in my view provides a possible top-up area. I am watching to see if it turns and carries on up or drifts towards 50ma at 0.93.
Looking at the book it is currently 3 vs 2 and more than half of trades sold higher. So I think a bounce could happen, always more chance of a breakout holding when the catalyst of news is very likely. So, all in all, I remain optimistic