DW8 TA, page-133

10.5c is probably a good entry price for a quick flip. You're braver than me. I'd prefer to catch it on the way up rather than on the way down. The sellers did run out of steam at the end of the day so tomorrow could be a green day.

One more sign of caution that is still in my mind though - the largest volume trading day in recent months was 9th of March, trading between 8c and 10.5c. The SP is touching that zone right now. If there are stop losses lingering from that large buying volume it could be going to 8c quite quickly with those triggering.