mondays buying, page-4

coolGold, if I was the skeptical type I would say that the sellers around 2.8/2.9c, where there seems to be some congestion, were cappers trying to keep the price down to accumulate.....

however I think a more likely explanation is the fact that BCN spiked last week to 3c.....some punters probably got trapped in on the spike and just want their money back....but I dare say if volume and price starts to rise then we may see many shares on the sell side withdrawn from offer.

Read up on the cup and handle chart pattern. If it plays out then 3c will be left in the rear vision mirror.