4mil at 5.3 cents, page-15

"technical support is at 5.3c so looks very good buying at these levels."

My comments:

No doubt you'll be correct if technical support holds. But imo you are a little presumptuous to suggest that "technical support is at 5.3c so looks very good buying at these levels."

For those who follow charts the problem imo is knowing whether or not technical support holds. That technical support will hold here is NOT a given. Whether or not technical support has held is always a retro - after the event we can say that technical support held or did not hold.

I have posted a chart which indicates what might occur if support here does not hold.