clean seas on landline next sunday, page-12

Steamairship,

Did this a while back just to see for myself what was really going on. Couple of view points regarding this chart but bear in mind the chart was just for personal use so it might look a tad rough.

View points:
1) When the 55c capital raising was done I figured that this was a fair price to those who were sitting in from day one - Also looks like a fairly steady lower resistance support line is forming now.
2) I was watching the ascending pattern closely and if it bounced off of the basing formation noted in the chart I would have went for a quick scalp at 63c to 69c. Might not sound like much but it is almost a quick 10% scalp. Could happen in a week so off of a quick 20k punt you can make a quick 2k pre-tax (Depending on whether the tax-man finds you or not - LOL)
3) Next line of support is 55c but could go for a quick plunge to 40c given its history.
4) Also it is not on the chart but have a look at the RSI!

Trade safe all, for the time being I might just stay out of this one - again if they can prove to me that they can grow the tuna I will be willing to back the truck up!

Remember money moves stocks both up and down.

Cheero Nikess.