Nice to see the price action back above the 15 & 30 day MA's of...

Nice to see the price action back above the 15 & 30 day MA's of 14.5c

Stochastics showing early signs of crossing back positive, with the MACD to follow suit into next week if the interest can sustain above the 15c price level.

A close above 14.5c to round out the week will look to see the door open for a larger move north to play out next week. A close above 16c will see a run to the 20c region on the cards pretty quickly in my opinion.

Stale holders looked to have capitulated during the week as volume offered chased the bid lower to be cleaned out. A little bit of tangible news next week would certainly assist proceedings.




The weekly setup / medium term setup is still looking Mickey Mouse with share price continuing to consolidate between the 15c - 16c mark. It's pretty clear that once the significant 16c level is taken out there will be plenty of momentum in the price to push much higher.

MACD still trending nicely positive with the stochastics rolling up once more.
Looking forward to next week to see how this continues to play out.