Purple Group Analysis
Caged Bird. In the short term Purple Group seems locked between the 80c support and
90c resistance. This is a trend we know all to well with the low volume stock. Excitement has died down since the results were released and I think we can be content that the share hasnt dropped below 80c which is were it was struggling to beat before results. Like stated before, best to wait for next announcement to fully see were we stand.
90c resistance. This is a trend we know all to well with the low volume stock. Excitement has died down since the results were released and I think we can be content that the share hasnt dropped below 80c which is were it was struggling to beat before results. Like stated before, best to wait for next announcement to fully see were we stand.
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