what will it fall tooo, page-5

re: great for trading... Might be a good investment long term...

But for now, it's only good for trading!

As I suggested yesterday, it needed to hold 6c today to keep my money.

First signs of a problem occurred at 7c, where we saw far too much selling in spite of some huge wedges being placed at 6.8c and 6.9c.

As a result, I bailed at 6.9, with a view to trading back in on the way down...which I did several times.

Unlike yesterday however, where I achieved a 100% success rate, earlier today I was only able to manage 50% success with my trades...usually a sign to stay out!

Other than the selling at 7c, the first real warning bells sounded for me when it fell through 6.5c...and the death nell came when it fell through 6c.

I willl watch now for the next trading oportunity, but more than likely will not enter for several days.

Still a good story, but other factors taking over now.

Cheers!