eio trading data

EIO is starting to show oversold very soon.
Support at 3.5c
Fibonacci Retracement 61.8% at 3.4c and it should definitely be support here imo.

Trendline still intact since 4/01/2011.

There are a lots of trades at 3.5 and 3.6c today obviously seeing the value at these levels IMO.

A cross trade for 1,000,000 shares at 3.8c 2.33pm shows support of the stock IMO.

Now trading at 3.9c

I wouldn?t be surprised if we will see a bounce here.

I remain positive.

DYOR.