textbook consolidation, page-10

I alluded to this possibility last week...

In fact, Have picked it pretty well, except I thought the Monday would see a gap-up doji. We got a long white candle instead...but the two days since have been as expected.

Probably need another 3-6m day or two before the next rise...then again, it may depend on external forces and nature of the current register profile?

If I were to place a bet...I would suggest it might find support at 25...but perhaps after a dip below to test the parameters?

Once 25c kicks in as support however, then we should see a period of consolidation in the mid to high 20's...after which it should be free to eventually move through 30c.

If 25c should fail however...I suspect it will not be long, or on heavy volume.

An announcement in the interim however...and all bets are off!

But as I keep saying, look away...look away!

I guess my biggest fear is ther are far too many "temporaries" in the stock at the moment and telegraphing their presence via the forums.

Like I have said previously...own worst enemies!

lol

Cheers!