The DeMark indiactors that picked the break up point (refer...

The DeMark indiactors that picked the break up point (refer previous posts) with a red 13 on 9/12 also gave a weaker take profit with a green 9 sell on 25/1. It already has a green 5 buy count so when/if this gets to a green 9 then we have a buy signal back again. The overarching pattern is still the red 13 buy signal from 3.4c in Dec but there are ranges trading that need to be respected. so minimum of 4 days according to this but it could take longer.

Fibbonachi from 3.2c low on 9/12 to 8.6c high on 21/1 (adjusted as my Bloomberg auto adjusts charts for rights issues)) gives a neat 50% pull back at yesterdys low of 5.9c but we wcould still see a 61.8% retracement at 5.3c before resumption.

For the Fibbo purists we can use the 9.4c high to get 6.3 or 5.6 for the retracement levels.

With the current lack of volume I'd say it is too hard to read a tech picture but it is definately bahaving like a bull stock in a pullback.

I am heavily biased so think it through yourself.