Khal,
Pace yourself and buy small parcels and be prepared to pyramid dowm.
First solid support level is 1.35 just above the gap. As a matter of interest this is where the most depth is at right now.
Then if gap is to be filled at 1.295 you could buy a few more.
If these levels don't hold up then the price action could well consolidate at 1.095.
For myself I sold out at 1.74 yesterday and have a buy order in at 1.35 today. Getting close now !!
Do you understand the basics of charting ? - it gives you a brilliant picture of investor sentiment which is what drives the share price in both directions.
The above is my strategy only and not designed to be taken as advice.
jumper3
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