chart, page-6

well looks like we got that retrace i spoke about today. (see first post of thread) it's a shame in a way that those great ann's were released during the drop, would have been great to have them now. an ann at present would see that 12 resistance firmly taken out. although it could be argued that they did their job at that time as well. and CM have to release any price sensitive ann's immediately, i believe.

i exited my position this morning in case a few of you are wondering why my position has changed. nothing against Pen, still very bullish for the long term. just reigning in profit and will buy back in when it suits.

i'll throw up an updated chart later with a short position analysis if the majority of you don't mind.