OBJ Chart Thread, page-192

I think it is too early to tell myself. I will say that announcements like today have usually been sold into as we all know too well. I believe if we can finish the day around these levels it is a positive sign that sentiment is improving IMO. Don't be surprised if selling accelerates though as I explained in my last post it takes time to turn things around. Breaking back into the downsloping trend line would be a start but breaking resistance at around 5c would be more positive especially if the MF indicator can breach into positive territory. It really is all about the Volume and MF indicator now IMO. The increased communication and commitment to improving SH relationship is already showing on the chart. Has been a painful lesson for all of us but hopefully a lesson learner on both sides.
Cheers Guy