OIP..........New name - brighter future

-2magpies
-basically I'm looking at 4p (give or take a smidge) as the resistance level
-the sp dropped under 4p in August '04 and has spent till october '05 forming the 'cup', with an unsuccesful attempt to break out
-price dipped below 4p again November 05, now on way back up to form the 'handle' with break-out looking imminent

-the fact that this pattern has taken a long time to form is also bullish, according to chart gurus. The longer the time to form, the more powerful the move is, assuming the pattern does complete!

-I would suggest we need to move to 4.5p or so and hold that level to confirm

-ofcourse, chartists may say I've got it all wrong, but thats my take!