CM8 Chart

Just looking at the chart.

After insider sell in mid-October we have had SP drift lower and form a positive divergence with MACD.
Currently %R and Stochastic showing oversold.

Next level of support at 10c. If that's broken, next support at 8c.

With the next company report around the corner, if positive, this has potential to rally to 17.5c short term. Once through that next target being 22c.



Disclosure: Have taken a maiden small position at 11.5c. Spec. buy.