smh article - nen, page-8

Dear adam a,

Currently, I can't see the price below 30c on a technical basis before the week's end. It would also mean a 12% drop in the week when big news in in the offing. Of course, anything is possible and a few may sell not keen to sit and wait for news.

There are 1,050,565 shares in the queue above 30c. The MACD is above the signal line and above 0. The Parabolic SAR is 25.133. There are 315,159 shares in buy side at 32c and 66,136 sellers at 32.5c. All in all 30c would be a surprise- the battle between buyer and sellers appears around the 31.5-33.5c mark.

"walking it down as they please" appears a tad strong.

Time will tell and good news could change everything!

GLTA