mean un-risked resource potential to date, page-9

...and looking at the london market they have some resistance at around 23.5 being the top of the V in the possible double bottoms sequence and price has appeared to get to 23p tonight and then profit taking has come in putting it down 1P so far tonight. This is a very normal 1st test of that resistance level and what we are looking for now is a pullback of some sort whether it be over a day/days or intraday before having another crack at it to get through.

So don;t be disappointed if you see it off a bit in the morning, particularly as some were waiting on the rounds by new board, if it does come back a bit from that resistance level I wouldn't be too concerned its just a technical thing.

A lot of the electronic programs used these days trade off these sort of patterns and moving averages as I spoke about in the last post.