keep an eye on...?, page-6

gonna keep this simple.

apologies, at first glance on comsec chart i thought the inferred target was 2.5, actually it is more like 3c.


obviously it needs to break out of this long term pattern for there to be any chance of realizing it, but the volume and momentum trends all confirm that it is still working towards a profitable run from these levels, and the breakout price is now down to a lowly 1.2c, which i imagine might not take alot of volume to turn into a support price.

i guess it comes down to whether the market picks up on the opportunity and goes for it.

personally i will be looking to reenter as soon as volume picks up over about 10m, or 1.2 holds, whichever comes first. the most resistance is likely to be up around 1.6c if it breaks