Well Johno247,I guess I have a different point of view to yours....

  1. 1,134 Posts.
    Well Johno247,

    I guess I have a different point of view to yours. As this looks like a classic bear trap to me.

    For starters the stock is oversold on the Stochastic and it's currently around the 15 area and could cross and turn up early this week.

    Note: The triangles I have drawn in, each 0.7c speed angle has come from a drop of support. Watch closely for volume to come in this week signaling a move to the target of 0.24c (around 1st week in Oct)....:)

 
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