Undervalued & Oversold..., page-4

First chart is monthly showing current candle, a bullish inverted hammer, with reduced spread, the highest average daily volume on the chart to date and with RSI at its most oversold and turning up.

Second is 60 min chart showing horizontal support/resistance at .40 and broken ST (3 mnth) downtrend both in broken red lines, and I've highlighted a newly formed channel in orange with a midline that appears to be reactive, not sure what surprises tomorrow brings but interested to see if these hold.

Reassuring that 1PG had, at last quarterly, a very stable A$41m cash reserves with no debt, and $24m of that held in $US.

Tide was definately turning last week with some very strong demand and sellers pulling back. Friday, with all its volatility, didn't see the very recent 52 week low tested but remained above .40 and ALL the selling was soaked up and still finished above that support. No predictions here but still seeing plenty of potential, GLTAH.
Cheers HF