The linear regression chart from 29/09/2000 - 20/02/2009 generated an upper range channel of 48.5c.
From 20/02/2009 , key UP SIDE target prices/RESISTANCE tests are forward looking (extrapolated), PREDICTIVE in nature, and are generally MULTIPLES of that 48.5c. range......including range mid points (rmp's).
The same principle applies to the opposite.......except it's key DOWN SIDE target prices/SUPPORT tests.......the next one @ 13.5c.
On the watchlist .......and maybe worth a punt at that level??
Cheers.....and keeping in mind the closing price is the one that matters.
