punters, page-3

Hi D12

My analysis is still the same - it faked out on Friday trading at 38.5c and sucked alot of traders in to go long but they got punished and quickly bailed .... for me it has to close above 38c to get this next leg going, not just trade above it intraday. So It still looks corrective to me but within the same bullish framework . I might be wrong but I can't ignore what I see on the bigger picture side of things - if we can get a few more narrow price bars on this with decent volume over the next couple of days , it may indicate that the buyers are absorbing the selling pressure at these levels - that remains to be seen but it will back the bullish scenario if we get it, so watch it closely. AIM is a troublesome child - i refuse to watch its erraticness intraday as it can play with your head, but at this stage , based on EOD , its still holding together. cheers ECN.