RE: Monday open21 Feb 2021 13:30
So if we have had a constant seller for quite a while, surely they must be almost finished. With this constant selling, the sp has still managed to rise again over the last few days bit by bit. This slow rise up does create a more stable sp to further build upon, with no danger of the usual spike and drop back down. Also once the seller does stop and we get drilling news, the upwards pressure on the sp will be immense imo and then we will get an almightly rise in the sp. With solid drlling news as further proof of the resource, the sp should be able to maintain a much higher level as well without much of a drop back imo. Higher highs and lower lows going forward. Not much longer to wait for this to happen.