obj's glass ceiling...., page-58

""support at the moment is at 0.058 Looks as though the friday sell-off is about to begin. Sellers have mounted and right now not a lot of confidence inspiring buying happening. Accumulation one would have to assume. Sellers don't want this going any higher than 0.058 at the moment. Lets see how the buyers react. Not expecting any afternoon runs at the moment not enough momentum. Thoughts?""

As Westhx correctly stated a break of support at 5.7 cents would trigger selling. A close below 5.6/5.7 cents and we could see further downside to follow. Next support level is 4.7 cents. Bottom trend line is 3.9 cents atm. The response to the ASX query has eroded confidence in the stock verses the anticipation of a positive outcome with 3M. The picture (chart) tells the story, for those who can interpret it. A close above 5.7 cents is the key to further upside. Looks unlikely atm but anything is possible, goodluck with it.