CM8 Chart Indicating Breakout to UPSIDE, page-1479

A re-run of the price action 12-months ago looks to be on the cards.

There have been a few months of sideways churn leading up to now and some of the regulars took the chance of the low prices to add to our holdings.

We might see a bit of a reaction at previous levels around 3.5 cents and 4.4 cents on the way up, but the story is more about what Crowd are going to deliver and that will come in any announcement of deals before Xmas and there could be a large spike in price.

If you follow Archie Johnson's advice, when you see a 1, 2 3 pattern after a downtrend, you buy on a breakout of the 2 point (3 cents) with a stop below the 3 point (2.4 cents) and ride the wave with a trailing stop.