ZIP Chart : Next Move Imminent, page-30

Given the 1.14 region was resistance for a month o r so and has now been broken with volume it follows that this area will become and area of equally strong support ...price action should bounce off it (in theory) should it be approached in the short term. As I said PRev I would expect "at least" one test of the 12 month high ....but more likely several tests.

I would expect the resistance at 1.23 and above will be much weaker now than it was the last time we attempted it on the 13 Aug as many would have sold down into the sideways action over the last month or so with the volatility of world markets. Generally speaking the Daily chart looks to me like a giant ascending triangle (Starting around 3 June approx 53c high ... if broken to the upside should see us into the 1.75c region using simple projections forward...

Over the last few months trading action has been forced higher into a smaller and smaller range... This denotes increasing buyer pressure and less sellers willing to sell down ... Sooner or later we will reach the tipping point (Perhaps triggered by an ann) which could see us blow through prev resistance near the all time high...

All is IMHO only