reflections, page-15

Absolutely correct radioactive.

Generally, a close outside a major RC should see a strong move back to at least the middle of that RC ($2.50).
If we don't get that, then proabilities favour (80%) the continuation of the recent down trend.

The fact that we have breached last weeks inside bar adds weight to this scenario.

The conjunction of this downtrend RC with the most likely retracement zone gives a target of $1.65-70 in early July.

This should sit nicely with mid July prospectus for TSX listing and some cheap stock for the boys and girls.

CR could now be pitched as low as $1.35 to $1.45 using the full 20% discount and a $1.65 price average for 5 days prior.