Are we expecting a retrace between the expected 18c level and...

Are we expecting a retrace between the expected 18c level and the 29c level? Maybe, maybe not. Sometimes I would take money off the table and rebuy, but on this chart I wouldn't risk it.

You've got to remember that as the price rises, each further jump up of a few cents is a lower percentage gain for each new entrant into the share, so I will have more than doubled my money by the time the stock gets to 18c, but entrants at 18c will only have gained 61% when it gets to 29c, I will have quintupled my money on the options at this point. My point is, what seems a huge leap in price to you, the old buyer, is a small jump in price to all of the new buyers. This is why the volume of trades at each resistance point are so important, they fuel future price rises because the expectations of the new holders are so much higher than the old holders.

That's why its heading to 75c. It sounds a lot to us, but when somebody buys this share for 29c they will be expecting nothing less, after all they are investing in a speccy share, if they want 20% pa in a bull market they will go for a blue chip share. If they are risking hard earned on a small cap, they want better than 100% pa.