GREY:IMVIF - Post by User
Comment by
GorgeousGeorge1on Jun 09, 2018 2:43pm
136 Views
Post# 28150168
RE:Hey guys
RE:Hey guysVolume has been dropping into Thursday and more so Friday, indicates selling pressure easing below $8. Unfortunate to have dropped below 8 from a charting perspective, we put in a higher high and then a lower low which confuses the uptrend that was in play, will be interesting to see how next week plays out. Fundamentally, directors buying is always a pretty bullish indication, even if their timing isn't always spot on. Personally, I reckon you'd be pretty safe to start building a position next week if it doesn't drop further on high volume on Monday.