First level of support is 3.4 followed by 2nd 3.1. Resistance 3.7 3.8 A small improvement with Bollinger Bands. Omni Trader is showing the support at some strength so the two outcomes for myself is to look at an rentry here after carefully observing fundamentals or if the SP breaks into the fours and shows a break of trend upwards. The charts and technicals are truly horrible the only good indicator is long term MACD .
The latest announcement if it was issued last year would of doubled the SP but now the market has become desensitized to low punch news and appears to be waiting for the major contract .
No doubt Xped are working hard and still in a defining stage. I would love to interview John Stefanac , often if you are not smacked with narcissism you can pick some clues up by body language up and tone quite easily .
XPE Charts, page-7295
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