DW8 Chart, page-275

Once again, 4 scenarios:
1. We break up and out in anticipation of the announcement.
2. We dribble down to somewhere between 4 and 5 cents until the announcement.
3. We trade sideways out of the structure, then it's anyones guess what happens.
4. Fall out the bottom of the structure, more than likely to 4 cents in this scenario (unless bear trap like 17th June).'

I know it sounds moot to write all this coz essentially means the price could go anywhere, but its good to have a technical guideline for observation.