looks cheap, what am i missing?, page-41

It needed to hold 11.5c to maintain the recent uptrend. just failed on increasing volume so I'm stopped out (misjudged my entry completely, well done wanker). It bounced off 0.10 which IMO is the next logical support, and the only brief touch that 10c got is positive (in a sense) if it can stay away from that from here on. but we could be shaping up for a bloodbath on the DOW tonight.

Also we've now dropped sufficiently below the high volume zone to turn that into a strong resistance now - after today's drop (assuming this isn't a shakeout type day and we close around 0.105) there will be an absolute shedload of buying trapped around the 12-13c area looking to sell into any rally to break even. its going to take serious effort and volume to get through that.

good luck