i still have faith, page-144

Hi Luke -

I don’t use a 200-day SMA (Simple Moving Average) for small-cap oil/mining stocks.
IMO that long day-period is better suited to industrial stocks, that are not subject to Anns that move their SP significantly in either direction, as the more frequent market-sensitive Anns by stocks such as 88E.

So for my small-cap charts I use 10 & 35 day SMA’s.
The current SP for 88E is trending down way below both of these and IMO won’t settle until it reaches 3.0c, & possibly 2.9c, which shouldn’t now be too far away, before it trends back up again if & when an encouraging Ann is made within the next 4 to 5 weeks. Guata.