RE: 260 resistance broken21 Oct 2020 14:22
Shorts at somepoint have to buy back, suspect they will now let it move up towards 300 or slightly above and then suspect they will play their cards again.
Continuous battle, but the negative news is becoming close to exhausted, lots of allegations and rumour mill gone crazy, but not much else to come, moving toward positive momentum now, auditor, more director buys, more acquisitions, update on UAE growth, update on USA growth and plans etc.
This could and can move just as quick to 300 plus as it did move down, the longer it sits above 260 the less likely it will retrace.....
Long term holders or even mid term can see very nice gains from here, only short term holders who are more cautious so typically your PI's