Hi All,I am going to walk the plank a little and suggest that...

Hi All,

I am going to walk the plank a little and suggest that this week will be a breakout based on the following factors.

Volume / Price - On the 2nd March was very down on relative volume with a downward movement of price. 3rd of March was an up day with almost double the prior periods volume. 4th was half prior periods volume and was a down day. These are all signals that the stock is being accummulated.

Slow Stochastics - Suggest the stock is oversold. Looking at the historical movement of this indicator it took exactly 4 days after this indicator moved ABOVE the oversold line (20) before the prior breakout occurred.

Twiggs Money Flow (21 day) - Remains above zero and has just recovered from a trough and still remains above its signal line (zero). This suggests accumulation as well.

Relative Strength Index - 82% which means its performing in the top 18% of the Metals & Mining Index - another bullish signal.

ADX (14 day) - Remains above 40 and is still trending upwards further implying the uptrend is going to continue.

These above factors lead me to suggest the SP will move up this week. Nothing significant but I think it will breakout of this 4 cent - 4.2 trading range.

I would love to be proven wrong by the market, but lets just wait and see.

This is not advice just what I believe the chart has told me!

Anyways fingers crossed im correct !

Cheers