share price vs value , page-94

WARNING : STRONG ASCENDING TRIANGLE...

Well Technically I see a very strong ascending triangle set up here .. In bullish markets (as we have now) ascending triangles are pretty reliable.... basically the Buyers have now sucked up the free floating shares at 10.5c and below and pressure is building as trading action is forced into a smaller area (The triangle) and at some point the dam will burst and the buyers will monster the Sell queue driving the price up sharply with a large increase in volume. The pivotal point will be when the first few trades hit 11.5c... Initial target will be 12 -12.5c but gains much higher are possible as Triangle breaks quite often signal the start of a bigger rally...

All is IMHO DYOR to Confirm