My conditional buy didn't fire last Thursday (see previous post) as price fell away back to the lower boundary of the rectangle on the chart (I suggested $0.06 might stop it but yesterdays close was $0.058). It fell exactly to that lower boundary and bounced of. With a bit of luck this is a retest of that level and price will now start moving up making higher highs and higher lows. So another conditional buy today. PS: If price does move up with some volume to close above $0.068 then that would create a target of $0.08, which works nicely with the theory being the top boundary of the rectangle on the chart.
1ST Price at posting:
5.8¢ Sentiment: Buy Disclosure: Not Held
