seller, page-10

The Bottom was defined as the 6th, when Yesterday (7th) the price Bar closed inside the previous days price bar forming a inside day.

The Bears were unable to make a lower low and instead the Low of the day made a higher low in relation to the previous day.

This means the Bears had less power on the 7th than they had
on the 6th.

The Inside day usually represents a pause in momentum and a Equilibrium between buyers and sellers, however because the bar formed a higher low the balance of control has turned over to the Bulls, Today the Price has tested yesterday low which is providing support.

I play these reversals all the time, I am confidant there will be good returns from this 16.5c-17c level.

Mean Reversion will be somewhere around the 27c Mark

The Price Remains Technically Oversold, the Selling Momentum is Out and a Mean Price reversion will occur.

Its possible there will be some Churn before The Mean Reversion as Perpetual clears the last of its holding, this will give a brief opportunity to acquire at these oversold levels.

(Disc Hold 16.5c - Not Advice- DYOR)

AA