Chart, page-605

I'm by no means a professional chartist and I like to keep my charts fairly simple. I generally find by keeping it simple and not overly complicating my charts I get the best picture.

We had significant buying volume from the 3rd of March to the 10th where the the share price rose from .012c to a high of .025c just a few days after the 10th. With the steady decline in share price on much lower volume, to me it suggests that people who bought in around these dates, are just
de-risking and taking some profits. Perfectly normal behaviour in any share and stock especially at this spec end of the market. Alarm bells for me would start to really ring if there was significant volume going through on a big red day, otherwise its just business as usual. Mainly because just a couple of weeks ago we had fantastic buying volume.

It feels like its building a base around these levels and with any decent news or spec buying volume we will test out that high again, captain obvious statement here.

Just my thoughts.