resistance has been tested in the low 30s twice now and has held ... accordingly i dont now expect to be able to pick up in the late 20s unless we get some adverse news which is unlikely.. after yesterdays mid morning surge and pullback i believe .34 is a solid entry position for the next move forward .. i base this on the fact that the stock is being pretty tightly held now and traders and short term holders have had numerous opportunities to exit in the mid to high 30s ... so for my 2c i think we will test .36 today and onwards to .40 on light volume over the next week or so..
:):)
SXP
sapex limited
