Shares like Borders and Southern which have suffered a massive gap down on a fundamental shift are always tricky (so, too, who have a massive gap up!) so we have to be very wary, particularly with AIM stocks anyway.That said, there's a very shallow uptrend support in play here from the 14p low on 18/07/12 and this is mirrored by the RSI uptrend. This price support sits at 15.68p today so may be worth a long there with a stop below 15p (the low before last for safety). What this really needs, however, is to close above the downtrend formed by the lower highs since the gap down. That's at 21.52p today, falling daily. Should that occur, the immediate resistances are at 25p, 28p, 36.25p and 47.25p before we get to the gap at 60.25p. Clearly, a long way to go and I'd like to see the RSI break out...

There's a fair bit going on in this daily chart of Sirius Minerals but it'll be worth covering.The drop back from the 30p high was halted at the 61.8% Fib at 18p and it went on to give an early downtrend breakout signal with a breakout of the RSI a few days earlier. A backtest of both price and RSI downtrends followed before a healthy rise up to some significant resistance at 28.75p.This is where the main downtrend and the gap coincided so no surprise the SP reversed off this level. Note, too, how the main RSI downtrend resistance from all the way back in November 2011 also came into play adding a 3rd layer of resistance, not to mention the 29p and 30p previous price highs.I'm now waiting for this to retrace to around the 61.8% Fib level of this last rise at c. 22.5p. This has been an...

Well, that happened a bit quicker than I expected. 22.5p target hit precisely today so that should set up some consolidation around the current 24-26p levels before another test of the key 28.5-30p area.For higher prices the level to break remains that main downtrend, gap and resistance area. It should manage it next time round as that will be the third attempt, but it's so strong that it may hold off one more assault. Original link...

The expected period of consolidation has played out though in a slightly unexpected, and possibly bearish, way.The key levels to watch on Sirius Minerals now are 26.5p and 22.5p. A close above the former would be bullish and signal a higher high after the higher low; the latter would be bearish. Until either level gets taken out uncertainty remains. Original link...

Another very tricky AIM share to read due to the two massive gaps down in May and Sept 2012.There is a short term uptrend in play with support at 17.2p today. This formed from a long term bullish divergence so may have some strength to it. The key initially will be to break out of that short term downtrend from January highs which requires a close above 20.95p currently, though this reduces daily. An early breakout of the RSI would be a good indicator of this possibility.Resistances are at that trendline and at  Original link...