I've been harping on about it..getting flamed for my doomsday prediction of reaching 3.8-4c when the sp was just coming off 6c-5c.
You can see my doomsday post here:
"
@salpetie and @Romann I know this isnt what many people want to hear, but I think given the sharp fall, we will need to touch the previous support/ resistance level of 0.04, and may over-correct to 0.038.
That would be the level I would be more comfortable to catch a falling knife.
In saying that, 0.068 beckons for a double-top then retest (for you TA guys out there).
"
http://hotcopper.com.au/posts/18373308/single
Now that we have depth tested support, (my) technical analysis says we must now retest recent highs of 6.8c.
Before retesting historical all-time highs of 20c+.
All IMO, DYOR etc etc..
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Target .... 6.8c
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