scruffy
I like your perspective.
In looking at the way the 100 and 200 day moving average lines seem to influence short term movements, I agree with your assessment concerning the general 60 cent area as being a price candidate for support.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca%3Aecu&sid=0&o_symb=ca%3Aecu&freq=1&time=6