Yes, we are toying with that support line, but its hasnt been planted firmly in the charts yet. A bit more movement either side of 45.5 cent and also if it settles on that price at open or close a few more times, then we will have solid support.
From there, the next historical level is mid 50's and then 67 cents. Som we are in no-mans-land.
Typically, when a chart goes into no-mans-land it either bounds right through the level or it hovers tediously in lieu of new fundamentals/announcement.
Lets hope it bounds through towards 55 or 67 in the next 2 weeks BEFORE the announcement...that would be exciting!
L
MAE Price at posting:
45.0¢ Sentiment: ST Buy Disclosure: Held
