Trading The 0.53 resistence now appears to be support. From a pure trading perspective I was shocked that this stalled at 0.64 (more profit taking than expected) and feared 0.53 would not hold. Today's trading (barring news) would seem to indicate that the upward trend is set to resume. It would be nice to have a couple of larger crosses go through and a general rise in volume.
From a fundamental perspective longterm shareholders should be doing backflips and planning their retirement if they are right and this was the hardest of the hurdles to achieve. How long before somebody takes a swing at this? It scares me that this sounds too good to be true.
GL