bottom holding, page-27

Cheers icred - keep on posting!

I know that many think charts are of no use with smaller companies due to inherent volatility / liquidity related issues etc. Nevertheless, thought this one may be of interest.

As per an earlier post I exited via stoploss when the SP dropped below 10c. I await a clear re-entry signal [ie. change in sentiment, exciting new announcement, reduced operating costs & consequent improved earnings, ...

The chart shows that a bearish 300day Elliott Wave which started in Oct 2007 has fallen to the 82% level, trading is light & the stock is long term heavily oversold.



4YIO - NFA