Predator or prey.... i think prey, page-11

Some great posts Blam / mongy. Buy:sell ratio is increased substantially in favour of buyers, now 5:1 . The momentum has definitely swung. The 14s need to get taken out which shouldn't be too hard now with just over 2M on show. Some evidence of historical resistance at 16c but you have to go all the way back to 2006 for this and anyway it looks very weak imo (ie. when 16cps got taken out in 2006 price raced to 46-47cps in no time). But that was then, more recently resistance levels at 25c, 32-33, 38c and 46 looks very solid and is our Mt Everest. Back to the present, once 16c goes we should be headed towards 20c in the near term you would think (unless PoO drops again). We 'll need a trigger to take it beyond and it could be that the ceo hinted at it in recent presentation ( just speculating), All the best, M1