ok checked my data and we have the following significant...

ok checked my data and we have the following significant technical events. MACD histograms shortening indicating a slight falling momentum. The RT kicker algorithm which measures market timing is flattening indicating slight weakness in timing but is still in a buy phase but falling to a sell or hold phase. So this tells me to expect a dip in price sort term.

How big a dip you ask? The 50 day MA indicates support at .143. The 1 SD bollinger indicates support at .1516. the general support is 15c and the upper resistance is 17c with a 3 SD bollinger of .1911.

I therefor claim that a pick up at .145 on a candle tail is reasonably likely/possible (i.e. not out of the question in the next few days. Good for me.

A dip to .13 could happen but would also probably be on a candle tail so you have to be high in the buy queue at .135 as I am not aiming for the.13 which may not get taken out entirely.

If this were to happen I would say it would be in the next week.

The stock currently does not want to sit under 15c. So lower prices would be a short term test.

Now the uppers - I think once it closes about .195 and above for a few days (a 3 SD Bollinger) and baring unforseens it will have found the position from which it will move up, it will possibly track between the 3SD and 1 SD Bollinger (as solid resistance) until it loses momentum and that could be up to the 28c mark (but thats still a good climb. Also announcemnts will paly a big role and general market climate a role. Possible reversal in US in the next few weeks may have an impact (possibly)

If we close above the 3 SD bollinger for a few days then thats good long term. I would like that

All in all - possible technical dips, but no signs of any real solid weakness. Hopefully there are enough traders left playing the roulette.

The fact that most of the stock is insto and this forum has kept folks informed (i.e. nectar hal2000 etc) there may be very few traders left to cause dips under 15c. Most folks with any sense would probably just hold rather than try and play the system.

And perhaps folks knowing I am sitting there like a rock spider ready to pick up, may cause people to just hold for the time being.

Some folks believe that as the instos paid 14c the stock is only worth 14c. However I claim that the 14c was a reward/incentive to instos and not a true reflection of fair value of 16-18c.

Caveat - So many announcemnts to come - another report of 30 - 50m + of 6g+ gold/t could propel the stock over 18/19c pretty quickly and thats something the technicals cant predict.

Please do whats best - dont risk loss - sell your idc - The Caps waitin.

Usual disclaimer - Am not licenced to give advice only opinions