there is a chart pattern present here now that looks like it may draw price down to 12 - 12.5c . The only good thing with these patterns is that they finally kill off the dominant trend - which in this case has obviously been down for some time. I'm hoping the move doesn't occur but it does look a little ominous to me. If and when it tags this lower level though, a reversal would be expected with a typical upside breakout target then aligned to 25c in reasonably quick time. Like I said I hope it doesn't happen, but .... !!!! E.
AFR Price at posting:
14.5¢ Sentiment: LT Buy Disclosure: Held
