Wario, you asked for predictions ahead
To start I bought in about a month ago @ 7.8c. I am a holder like you, though no way as long.
1/ Upside I'm not really worried about end of week, it could take whatever time.
2/ Retracement, I would think would go to a minimum of 9.5c nowhere near 8.5c. If it goes up tomorrow that would change.
Sure 8.5c is a line of support.
Interestingly after the day it opened at 8.5 and closed 8.6
I saw this as a buy, if I had money spare I would have added, surprisingly it took to 12.30 for it to take off.
I may sell some @ 30c to recover my investment and sit on the rest, but that 30c may change as events happen, hence I'm not really worried whether it is 13c by end of week but that would be great. No way would I sell for less than 30c.
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- the week ahead. ?? dated 14/10/12
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