15c plus ?, page-24

the other thing is the resistance of sellers.

I consider this as being the volume of shares that paid a higher price and some that carry a loss on paper, then look to exit on break even if they felt trapped.
Some will just hold for the long term, backing their decision to pay 15c in the first instance.
So just considering a percentage of that volume in the 12-15c, as selling resistance.
I dont see that there was any great excesses of volume which paid 12-15c, and very little that paid 16-19c. So the upward resistance would be slight, once these levels break, should allow this to accelerate upwards.