Really needs to break through the $0.16 and hold to give confidence and confirm any current trend.
Reasonable volume in the last 2 days. A fair amount of blue sky to try and find new support if it does break $0.16, given the rapid decline it had rom the $1.20 mark.
Its hit intraday highs of $0.16 4 times since the 23/09 last year, so the close above this level is key.
Chart looks pretty good IMO, its been a little choppy in the channel but its trading within it at this stage - My Stop is currently $0.12.
Hopefully another green day tomorrow to really build some momentum and break through the resistance.
Cheers
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