Hi Crumb,
I am no expert on this and hopefully a technical guru can clarify later but from what I can see...
I can see support that runs from 15/3/07, touches again 18/3/08, 22/8/08 and 17/9/08. Based off this line we can see support of 22 cents and above beyond 3/10/2008.
I would also like to see some other peoples opinions but it also looks like we are heading into the pointy end of a triangle formation and looks like only a few trading days before we get to see if it will hopefully break higher.
Volume has dropped off significantly today, and momentum indicaters are all in the lower half of their ranges (RSI, Slow Stochastic, MACD).
Hope this helps and very interested to see other peoples thoughts and views of announcements due soon.
Regards
IronLotus
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