News: Kasbah June quarter overview , page-5

I like the fundamentals of this company a lot. However, I don't currently like the technicals.

There is currently a double bottom in place at 15.5-16c and double bottoms rarely end trends, contrary to popular opinion. This leads me to believe that it is odds on that the sp will crack 15.5c. Question becomes at what price for low. Gann 0.75 and Fib 0.764 retracement levels of the whole range give 12-13c so that is a good level to watch.

There is also the question of the Diggers stop loss and you'd think that would have to be hit on a break of 15.5c if in fact the Dr is using a stop for KAS. I'd like to see the Diggers stop triggered before I buy.