horrible day, page-6

I have been watching GMR since about mid Feb with the idea of buying, but have so far bailed out of hitting the buy bottom.

I find the following chart interesting

Since 2008 there appears to have been four support levels each of which is higher than the previous one. For me what the SP does in the next week or so is critical - will it hold above the latest support level?

If a fall below 10c triggers a spate of loss limiting sell orders I suppose the SP could be headed below this level. If it does I wonder where the next support level will be. If this is the only reason for a fall a buying opportunity may present itself and challenge my procrastinating ways.

Just (and only) my thoughts and ramblings. No special knowledge implied.