gap filled at $1.115, page-25

Well the crucial number was $1.025 which was the closing low on the 24/04/2013.

To break that closing low on the 03/05 has now opened up the probability that this will fall to the 70-80cent mark.

To be calling reversals on the basis of a strong down trend with no support level in sight or no technical set up to offer a rise is worse odds than heads or tails.

Ajostu,

you are correct with your comments, i am talking from a TA view point and the selling from $4.00 to 97cents is a strong reflection of what the market thinks.
I dont wish to discuss cash costs or whether it has lost more or less than its peers, my opinion is based on price and the thousands of others that have moved this from $4.00 to 97 cents.

Surely they cant all be wrong?

Cheers


Cheers



Cheers