12m buy, page-10

Here's the chart I'm watching.

The monthly cuts out a lot of the noise on stocks like this with a lot of shares on issue. Charts obviously are to be taken with a grain of salt with such price sensitive news due any at time.

Long down trend from February last year which is the black line. If price breaks that, 2c medium term is not out of the question as there is very little resistance given the long red candle (gap on the daily).

Price looks to have bottomed at 0.3c then price broke through resistance at 0.5c, ran to 1.2c then bounced off previous resistance which of 0.5c which is now support.

It's been in a trading range between 0.5c and 0.8c since hitting 1.2c

So obviously 0.8c is the first restistance and a break of that would now also break the long downtrend line which should mark a major breakout especially if it's on volume.

So to sum up, I've got resistance at 0.8c, 1.2c and then 2c