Hi Shamol,
She's had two failed symmetrical triangle breakout set-ups(I won't call them attempts because it wasn't even strong enough to attempt them), which have led to the formation of a descending triangle. The descending triangle has a target of 25c from the intraday high on 14/7. If LTs want to top up based on supposed fundamentals then low 30s may be the place to do it (I won't be).
In short, it looks very, very weak. Its only saving grace may be the low volume...and of course the 'fundamentals'
I'm caught in the rare undisciplined situation where I'm holding despite the chart (someone kick me). Damn these knowledgeable posters on here :)
(average buy price 41c)
:(
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