Good resistance back in late 04 early 05 before that gap at 38c to become support now.
Gann support in price at this level from the top at $6.25 would be 6.25 x 1/16 = 0.39
Also and this is weird, as an adaptation of Gann's sq 9 Sq. root 39 = 6.245
Then again we've just hit support from the last top at 3.25 on 19-5-08 3.25 x 1/8 = 0.41 Better to fall to 39c and bounce since that's coming from the major high and could be the big bad low that everyone's hanging out for?
CMR Price at posting:
44.0¢ Sentiment: None Disclosure: Not Held