Thanks Johnny August; its good to see the thickness of level 2 too in absolute numbers. It's good to see a nice wall at 1.00 instead of 0.98, that has been our real support level for a long time and only a really bad news message could break through that support I would recogn.
I do not think these orders on the ask are retail orders so with more market order buying (a retailer would not put up such big chunks at this moment in time), I expect some of these orders to be withdrawn and lower volume needed to really climb. I still believe we are being held within a threshold between 1.00-1.20 currently.
However without a news event I don't expect us to stay above the 1.10. We are in waiting mode, the big buyers the mm's and us retailers.
Has anyone phoned the company this week?
Stroef