Hi AllHave just been pondering the chart and also recent trading...

Hi All

Have just been pondering the chart and also recent trading pattern. It seems to me that a breakout may be imminent in the near future, possibly this week, maybe not strong but perhaps enough to get us to a new level around 10 cents (which is the point UCLOA and UCLOB are both in the money)

My reasons? It appears to me that we have established clear support at the 9 cent level (doh you might say with u buyer sitting there with seemingly 13 million to fill) that having been short term resistance previously. Equally there is no urgency to sell at that level with sellers only occasionally coming to 9 cents. It looks that there is a small wedge pattern forming coming to a point to force a breakout from the buy pressure of the u buyer sitting at the top of the queue.

Normally don't go for this sort of speculation but I would be interested in people's thoughts.