silly sell down, page-8

ok Geez,

since the intitial spike to $1.34, the sp has failed to breach the $1.16 level on 2 occasions. Each time however a higher low was formed (55c, then at 80c).

assuming the recent 95c low is indeed another turning point, then we are forming quite a large ascending triangle (bullish continuation pattern).

If the sp breaks $1.16, then my target is $1.82 (using 50c as the base of the triangle). May need a bit of work first to get past the previous high of $1.34.

Ive been wrong before though (I thought we were going to blast through the last challenge of $1.15) so take my comments with a grain of salt...must be due to get one right sooner or later?!

Good luck to holders