time to buy , page-9

Paps, even if it does jump monday, I wouldn't be buying more until I saw evidence of a new trend in place, that means higher lows and higher highs. This could be a bottom but how do you know? It hasn't been confirmed on the weekly or daily charts. There is huge resistance at 11.5c so it really needs to get over that and backtest that level before I would be buying in. That said well done to those that bought on Friday, Monday will see you staring some profits on the face for sure thanks to the US markets jump.

Oh and the long term downtrend is still intact, a jump monday would have to take out and hold 12c for that to be broken.

Cheers