a very bullish day, page-13

my thoughts are that there will be a few trying to trade swings today.

1. the resistance at 59 and 58 cents is not technically that strong I feel, more that 60 cents should be the next resistance, however, many are wanting to get out with some profits will sell a little lower than perhaps possible. Especially seeing the price fade from these prices before. I hope the general crowd see the accumulating that has been going on and that they see this a strong reason not to give up their shares right now.

2. Excitement about the news around the corner will result in a demand for shares.

So we have opposing forces and some will take advantage of that and try and trade the swings.....

53cents would be a great entry point form here I think and if you have the heart capable of holding I would be personally keen to see bigger things next week.

To put a price on the end of day is very hard indeed. I feel technically we should have a strong rally, but I fear the general crowd has been scared and shaken too hard. Hopefully some insto steps in eh !!