where oh where is that deal???, page-25

Mudguts,

Gotta be careful here. If it's to be a true potential test, we would prefer it to be a level to lower closing bar dipping into the lows, or lower, of yesterday's bar on low volume.

Conversely, if it closes above the previous day's close on low volume, it's a no demand bar, which is a sign of weakness. Half a cent and I would maybe let it slide.

A little strength came in yesterday with an increase in volume and closing on 44c, which was the close of the August 9th shake-out. Now we wait for further signs of strength, and low volume is one of them, as long as it's in the right place. Remember, if you look to the background we have that huge sign of strength in the shake-out bar. And then, you have sentiment in global markets!

Cheers,

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