I rely 95% on technical analysis and i cannot see one indicator on my chart or system at the moment that would even give me a hint of a buy at this present time.
There is only one way that this 'looks' like heading at the moment and my interpretaion of it is, that its not up.
Saying that a reversal started on the 1/10/08 amuses me somewhat. On that date there was not a single trade. Volume over the past week has been relatively in sinc with the last 2 years trading.
Technically there is no support base at all to suggest this has turned or for that matter no sign of a reversal.
Would love to hear further how you view the chart is in 'an upward swing'???
cheers
ADY Price at posting:
5.3¢ Sentiment: None Disclosure: Not Held
