summary of the day so far..

Highest price it has reached today is 7.5 cents and will now form the new resistance point for future spikes (short term wise)

Previous resistance point looks to be at 6.6 cents and i note the gap in this mornings open of .4 cents. I would not be too keen to see it go back below 6.6 cents and would not be surprised to see the sp float back down to fill the gap to 6.8 cents to allow st traders/holders the chance to offload. I would expect a bounce off 6.8 cents if it were to get to this level.

I wouldn't like to see this float much below 6.6 cents... however, if it were to i would be inclined to top up in the low 6's.