I reckon she's headed for 3.5c.... theres converging horizontal and diagonal support there and we know how stocks like round numbers. This is by no means a complete analysis - obviously, just a quick look but having said that im a firm beleiver that 3/4 of the story is simply in price and volume. Price is still dribbling down with a little more momentum than yesterday and volume is still very low.
Not sure the exact angle of that downtrend line, but I would want to see a clear breakout of that "area" of resistance.
VIL Price at posting:
3.8¢ Sentiment: None Disclosure: Not Held
