Great chart Dory but, but what makes you feel that it is going to break up and not down?
I certainly hope you are correct, but with this share I have doubts brought about by many years of disappointment.
Are we going to get good news to give it a boost?
Will the company announce a partnership deal?
Is the volume increasing or is this just based upon what has been this stocks downfall for many years and that is that it is over-hyped, then followed by letdown?
It is easy to read into charts just what you want them to say.
They need to be backed-up by other evidence.
The short term Moving Average is heading steeply down.
Volume is generally greater on down days indicating that selling rather than buying is taking place.
I certainly hope it breaks UP but bitter experience has taught me to be cynical.
The brand new Hara Kiri kit that I ordered still has not arrived but can't be far away.
Lockitt
PER Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
