Cyw
Regular
From the trading pattern and the fake bids pulled, it looks to me like an accumulation is taking place, perhaps from the same people who pushed the share price from 15c to 50c. They may think 30c-50c is a good range to accumulate.What the hell is happening. There are positive news but we are still going lower and lower.
Lots of little 'pings' to weaken the resistance walls and then a couple of larger dumps to break resistance and the short term traders will likely to sell on stop loss.
Probably a little rally towards mid-April trading the 4C and annual general meeting.
If you believe in the 'good news', these daily noise movements should not bother you. Go play some golf and wait for the real good news, the ones with $ attached to them.
The market is not convinced that a little nemo swimming with sharks can beat the sharks or turn into one itself.
Only time can tell and I hope that time is soon.