Patrick Stock Reading

Wednesday, March 05, 2008

Sunshine

Have been mointoring this counter for two days, the trading is getting thin... . Well read up a little on it future plan and it is in a buying/merging mood (hope i didn`t read them wrongly).



Anyway, guess many peoples must have been badly burned by this counter as it came falling from its high at 0.55 on Oct 07 to its lowest on Jan 08 at around 0.145 to the current price at 0.175 - 0.170; likely to be first supporting level.Next level of support is at 0.145 will this be tested as well and going on to test new low before it long waited rally? or maybe not just crab movement.

Monitoring......