question?, page-22

re: **double top** well thats what seperates chartists i guess...you can stick to your head and shoulder pattern but that is not what i see....a top/or bottom is also recognised by a 3-5% variance on close .Taken that into consideration 11 or 11.5 were both tested which are within a 5% varience....this gives it a double top formation ...now if the shareprice hits 8.8c that is within the varience allowed based on the previous low at 8.5c....what we have seen shows the typical behaviour where it bounced off 8.5c and now it is looking to retest that level ...it is more likely that it may fill the gap before moving back up or it may stall before we see a definate directional change...cheers Jam