12p resistance5 Nov 2018 09:57
Decent trade on the Ask, VWAP at 11.86. Continuation of this sustained buying should take us through, then it will move again sharply. It's a short term barrier, considering the 20% retrace, there is still very little selling. As said before, a high proportion of holders will be in the 13p-16p range, therefore any sells will be short term punts or those investors thatMM's are playing and who feel grateful to recover some losses. Got to stick it out, at the very least 15p is back on the horizon.