Hi BeatleIm no tech expert but looking at the red chart, if we...

Hi Beatle
Im no tech expert but looking at the red chart, if we look at a longer time frame starting from a low of around 3c in march 09, we can draw a trendline up that touches again in
Aug/sept at around 8c, and currently we are still above this trend line. The critical level seems to be around 11c. a drop below to under 10 would be a break of the long term current trend. Maybe this is why red has stepped up from 11c. As you say we need a definite move to get things going again. On the shorter term charts just about everything shows oversold, particularly the stochastic. That probably doesnt count for much though as there'd be plenty like that at the mo. It gives a bit of confidence that 11c could be a base to build from though.
Would've posted the chart but cant work out how to do that on HC. Appreciate your ongoing updates on this stock as i am holding a few and like you i cannot believe the instos would have bought and paid up at 15.5 if this was a lemon.
Hopefully up from here (unles gold tanks again)