Those Aroons needs to reverse. Someone mentioned a similarity in the the commencement of the October rise. There seem to be notable comparisons.
As Low said with PR's and articles either good or bad. TA becomes rather irrelevant. Emotion takes over. (How in less than a week it is possible to have 2 diveresly opposite articles about the company ?)
MF may have been on firmer footing IF they had waited until after the end of the month !
Beware another more devastating one should there be no announcement of the funds by then.
Would like to see us peeking back over the 20 MA end of week (3.40). We are nudging back over the 50 (3.20)
Theres a good chance of that IMO. Who can afford to be out of the game at the moment. Presumably shorts have covered their positions now.
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