$1 is no far, page-83

Hi Sharman and ML173,

As I said in my previous post, we will see a test of the resistance before dropping to a $1 or below that. Todays action shows a bullish candle forming which shows the way upwards to test that level has begun. We will see a nice jump, in the next 2 days IMO, however I do not see this buying to sustain and will be sold off pretty quickly. I do not expect the SP to rise further than $1.32-$1.35 as the 50 day MA has already crossed the 200 day downwards and as I said previously this 50 day MA should act as resistance from now on.

As you are already in, it would be wise to take profits, once this level is reached, as SP will drop pretty quickly once it hits the 50day SMA IMO.

All the best.

This is my opinion, not advice.