Yes 18c is again showing to be a key level. Retraced on low volumes since last week, which is good. Would like to see 18c hold, if so that would establish a nice higher low on the chart and would be rather bullish, but if not a re-test of 13.5c would be on the cards. At least on the weekly chart we have a very nice double bottom at 13.5 - strong support at that level, now let's see how 18c goes.
Cheers, Sharks.
CM8 Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held
