retrace opportunity, page-20

Sorry Jonathan, I am not really in a position to comment on fundamentals, this one I trade purely on charts....and instinct.

Thanks for your assessment Cloud, yep I got the subtle $3.50 hint. I'm not so sure, the chart is difficult to pick at the moment. Had a by in at $3.20 this week and just missed out but still haven't given up hope of another quick retrace before running on. I am am notorious bottom picker, .....which is a really bad trading strategy I know, but I limit it to only two stocks...this and RHC.

Looking at the chart we have just made a lower low...if you run another line along the lows at 29 may to 27 Jul you see what I mean. For me that means scope for another dip...I've got my money on $3.20 in the next few days before we go again.

The general trend is still upwards...thats always good. If it breaks away up I'll just sit and wait...no harm done.

Good luck all.