well technically speaking we are at support now of 98/99c which turns out to be on a medium term support channel. MACD is at zero with slow stochastics in oversold but to muddle things up there is also a GAP at 86c which coincedently corresponds with the double top at 1.15 and the price where some of you think it's heading (85c) due to the issue so it all hangs on what the market does friday i guess. 2 scenarios - 1. We drop, eventually fill the gap which fulfills double top & rights issue dilution before surging again OR 2. price rallies strongly and makes it near/to 1.15 or so whereby after shares get issued price may come back down and gap may/may not get filled. Needless to say we're safe after the 1.15 area gets passed and it will. So im going with POG at this stage, if by friday POG has picked up i'd go with 2 if POG for some reason drifts lower then 1 would seem the go - hope i havn't bored you guys.
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