heres a little number, page-9

Madmacs,

As I have already mentioned to you drawing charts on a large price scale and using a uniform scale is NOT quite right (semi-log scale should be used instead). A simple example proving this can be the following:

1 cent change in price at $1 is not the same as the same 1c change in price at 1c.

In this regard all lines in relation to support/resistance levels are not quite right on your chart.

Looking at the chart without taking into consideration any indicators (please note that all of them are derived from candles based on 4 points: open, close, low and high) I can clearly see that at this stage 3.4-3.5c area is a relatively strong support.

Unfortunately, the current market conditions make significant impact on the stock movements and this factor should not be taken out from the consideration.

irynka