Here's a couple of charts for fodder:
Daily:
0.009c seems to be a support/resistance base. Looks like any test of 0.008c is a shakeout, which may have been what today is about. In a nice descending triangle, so expect it to go pop in a few weeks time.
Weekly:
There are two support levels on the weekly - 0.009 and 1c. The squeeze is on over the net few bars, so everyone must be patient. People will get tested and the weak hands will sell. If a close at 0.008c on Friday, then you can be worried a little bit.
Just my thoughts. Interpret them as you wish. However, lower risk entry at 8 and 9.
Here's a couple of charts for fodder: Daily: [MEDIA] 0.009c...
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11.5¢ |
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Mkt cap ! $26.84M | |||
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