Buy now, page-24

I will stick my neck out & call the recent low of 81 cents a potential bottom.

Since the $1.09 top there has been an ABC correction that retraced 0.8 cents below the mathematical 61.8% correction figure of 81.8 cents.

There appears to be reasonable support in this area with 2 orders totalling 30,000 to be bought at 80 cents. These 2 orders for 30,000 may never be filled. I would expect additional buying orders to come in at 81 cents & above if the market tries to move lower.

Tehnically, in my opinion, this current level appears to be an excellent oportunity to buy.

If the market happens to break below 81 cents then there should be support at 73.5 cents.

I do not believe that waiting for the lower support is worthwhile because you could miss out altogether.