chart., page-12

Post #: 19243.... 18/12/11

"Great stock this one. I got it completely wrong back in August fully expecting that to be the turn around. OK, well I'm back & I'm thinking again this is the bottom. Short term Bullish Harami so should give us something to work with. When this runs it's a great stock to ride the swings. A lot of boxes ticked with this at present. Well deserves to be on the watch list. Keep an eye on it over December & into January. I'll give updates as it warrants."

Post #: 19314.... 20/12/11

"Got the move today. I took this position more for a hold over the xmas period and into next year. I'll exit if that support looks like getting retested. But at present it looks like the analysis and original call are both valid."

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John that was my analysis from a month ago. It's still valid. As I posted I entered on the 20th, so I'm well ahead with this. As posted this wasn't a short term trade it was more to take me over the inactive weeks during xmas when I wasn't trading. That's why I remained in during that side ways trading.

At present this is sitting at a strong resistance point. The indicators are very healthy so I can see it breaking through. 0.81 is next resistance with support set at 0.64. If this first resistance isn't broken possible side ways trading again is on the cards.