Should bottom at or about 20c...if it can get there.
interestingly, we have traded through every node in the current trend...should this continue, we should see 27c tested on a steep rally after the 20c node is touched.
once there...again we face either an upwards break, or yet another fall back within the current zig-zag trend.
Sooner or later however, we will eventually see a refusal to fall to the lower node, with a "stalling" of the price at or about the mid-point node, a rise from which will trigger the likelihood of a break through the upper breakout line.
Cheers!
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held