Following up my previous post, the reversal we were looking for...

Following up my previous post, the reversal we were looking for yesterday did not come about, although after yesterday's inverted hammer candle (small shadow) it was evident that bullish traders are showing more interest. If today we see the share price finish above 0.23, it is a clear indication of a reversal.



Inverted Hammer:
http://www.onlinetradingconcepts.com/TechnicalAnalysis/Candlesticks/InvertedHammer.html

I would expect to see some battling between bulls and bears over the coming days but we are likely to see a positive outcome early next week.

All IMO however.