The share price is currently forming an ascending triangle with resistance at 15 cents. It has continued to make higher lows each time since the triangle started at approx 8 cents. Once it breaks past 15 cents, the theorectical minimum target price is 15 + (15 - 8) = 22 cents. Of course, what happens in theory does not neccessary translate into practice. At the moment its a waiting game until it breaks past 15 cents. Could still be a couple of months, prossibly after the new financial year when the release the profit forcast for next year. Who knows?
The share price is currently forming an ascending triangle with...
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