Loading ...Yup panic short covering for sure……could even be a lot of margin style buying, as they bt every offer……..GDX which has on my screen bids and offers in the 100’s..like 500/700 etc had 2000 offered at 14.86 to stop the run.
Have to say I was a day early……but shorts are caught and we have year end coming up and big profits to book, for the bonus’ …..if they are quick…
Still it is a long way back we need 140 plus on Hui before it even looks a little good.
Cheers and ‘ave a gud ‘un.