Quite agree with you only . I am seeing a continuation of a longterm downtrend (almost 2 years) if there was any longterm support it was at 10 cents.
Would not consider going anywhere near it unless it broke substantially through 25 cents and its had a couple of attempts at that and failed. Good luck to anyone who buys now and it rises up to a possibility of 25cents and that's the other direction.
For me the downtrend scenario is still in play.
Ann: Panorama March 2016 Quarter Review-PSY.AX, page-93
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