uptrend

We are chart wise, fundamentally and regarding volume in a clear uptrend.

1.5 cents was now twice tested lately, this time round far more convincingly than on the previous occasion, and I see a strong possibility for shareprice to push through this barrier on its third attempt as attention and trading volume accelerates.

Good consolidation day today, most buying went at 1.4 cents which is just off the high of yesterday.
The selldown at close seemed manufactured to accumulate further tomorrow from a lower start.

Ascending triangle supports the assumption that we see active accumulation slowly pushing us to higher highs and higher lows up to the breakout point.

The length of consolidation period should give us a clear understanding of the vicinity of news, a short consolidation with buying pressure quickly reappearing should be the indicator for news around the corner.

My personal guess is that we will push through the 1.5 barrier this week.