Is 60c the new resistance level?, page-21

we look at a number of factors, the last drilling report was ok, but was received by the market in a very negative fashion, that tells me news events from now on have to be better than market expectations, expectations which are much higher, why cos the shares have risen quiet a bit over time. So your so called 60 % rise on news events wont happen anymore, unless the company pulls a rabbit out of the hat. So from a trading opportunity the swings aren't going to be as big as before and the trend is still down. The small rally hasn't broken the trend and looks not likely to break the trend, volume has come down significantly over the last two weeks, so up would movement isn't strong anymore, the bias is on the negative now. As traders you can still make money on ton, just you have to be selective now