Howdy y'all, happy weekend. Here's some charts for your...

Howdy y'all, happy weekend. Here's some charts for your consideration





I think the overall down-trend will prevail in the end. Our answer don't lie in making new high ground, but rather when the shorters attack again (and they will....) will they stop at the previous 8.6c where they stopped last time, or will they push deeper. The stopping of lower lows will mark the end of chaos, not making higher highs. Higher highs is more of a bull market thing and i don't think we're there yet, especially without an announcement or two.

Key take away: lets see where they stop when the next short attack comes, and there our answers will come.

Other notes: there's been evidence of a bit of a deadlock within this rising triangle hasn't there... it's like anything above 10c is "too high" because we were at 8.6c before, yet anything below 10c is good buying (imo, DYOR). bit of a tug of war going on. But as the pattern depicts, it wants to pin-ball between the upper channel and lower channel. We're rising within the down-channel because it was the bottom line we hit last, now its the turn to hit the top line, then next it'll be the bottom line of the channel (where the shorters will really test the support levels and see how much they can rape and pillage). (excuse the strong language its a joke). cheers.

Eyes are on the charts ladies and gents. Jezza's ready for a good entry.