Red Gold, page-26

Second break from stage 1 basing channel after first one met resistance at 6.3c I think. Since then more info and second and more positive break with momentum after pull-back which could have been seen as an opportunity to $ average for long term holders who held after consolidation. The only time you would $ average is in stage one after stage 4 fall – never in stage 4 down-trend. Most holders won't be happy now until the price reaches 10c +. Trading will be cat and mouse.

“..Stan goes on to say, “think about these words of wisdom from Kenny Rogers”….. “You’ve got to know when to hold ’em, know when to fold ’em, know when to walk away, know when to run”.
Play the odds, the odds are now down UNTIL the market consolidates in a stage 1 basing channel and breaks out of resistance. The stock has to move above the Weekly 30 moving average and the 30ma has to have turned up. Also volume should have increased on the breakout above resistance showing buying characteristics. Until then, there are no bargains in stage 4....”

http://www.swing-trade-stocks.com/stock-market-stages.html

DYOR