Hi Jako, I've been keeping an eye on RXP which broke down this...

Hi Jako,
I've been keeping an eye on RXP which broke down this week, much to my excitement. I remember you mentioning that sometimes before a move upwards the market makers move it downwards in a last ditch effort to absorb as many loose holders as possible? Fundamentally, the stock is awaiting the half yearly results apparently due on the 16th which I anticipate will be very positive.

It has had 2 heavy days of selling through support lines which was practically reversed on Friday with half of the volume require to push it down that far. I'm looking for a test bar to the $0.88c level to reload on. Also, would you be considering this a reversal?