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Hi Marylec, yes charting is not an exact science. Some may say it is more art than science....and yet others may call it witchcraft :)

Note on the chart where the left shoulder meets the head. There was an intraday dip to 17c so I chose what I thought was the line of best fit for the neckline....perhaps I should have made the neckline and hence the target just a little bit lower. We are only have a cent lower than my target at 13.5c and I did note a lot of buying support seemed to come into the depth quickly when we hit 13.5c and as we speak there are buyers seeking over a million shares at 13.5c. Overall the buy side seems to have grown overnight.....but I have learnt enough to know not to pay too much attention to the buy/sell depth. The current buyers could be made up of gamblers, shysters and other fakers but just as likely we have hit a bottom as the head and shoulders pattern would suggest.