predictions, page-38

_________Chart-wise______________

I can see a potential retrace to the low of today - 8.6cents, in order for the market to retest the strenght of investor confidence in that support level, established only a half an hour ago.


I dont see it going any further down. Its just got too much support already which has been qualified and retested substantially already at anything under 8.6c.
So nothing under 8.4 at a max low i think.

Then, i see a lot of confidence in sellers attaining their doubkle figure targets. This may be retested again, but only after testing lower levels first.

I guess one needs to ask if those lower levels have already been tested enough for them to buy in the expectation of growth towards double figures. I dont think they have been tested and i will buy again if they do, due to my last buy at 9.5 being a tad keen.

I will update my intraday if any of my projected levels are realised.

Cheers,

L

Note: i didnt start the day off well...so view my comments with a grain of sand in your eye...