Good volume again, but not quite the 20M+ on the asx that we...

Good volume again, but not quite the 20M+ on the asx that we need.
Depth again to the buy side for the start of the day. Match volume currently is just shy of 1M shares on open, which should wipe the $0.12 line on both sides to start with. Then we should see who is really serious. The week is shaping up to be a very interesting week as the arm wrestle has the beginnings of heating things up to set some direction.

Daily Chart: Some reversal in the indicators, but still some potential for the week. ParSAR reversed, MACD has however progressed, nearly touching the signal line now, DMI- bounced off the DMI+, but ADX is still above ADXR and the stochastics has turned and is above 20%. RSI stayed flat under the 50%.
$0.125 looks to be the short term resistance to break. still early in the week, I suspect the price wrestle we are seeing since end of last week will continue, the question is how full are the bags of the sellers applying pressure. As volumes increase we may see some relief as their bags empty.