InvestorsHub Logo
Followers 28
Posts 5786
Boards Moderated 0
Alias Born 08/27/2010

Re: Schweinemeister post# 20052

Tuesday, 07/22/2014 11:14:11 AM

Tuesday, July 22, 2014 11:14:11 AM

Post# of 29204
we are knocking on a second level 1.40

Yes, that's the one that would break above my longer-term descending resistance at $1.42, dropping ~$0.0125/day. So today is right around $1.40 somewhere.

If we can break above on reasonable volume, then confirm I think there's a little headroom.

If volume is weak I think we still have to watch to see if the bearish (inverted) cup and handle completes.

Through 10:45, buy:sell is balanced at 1:1.01. So that's a good sign in that it's not wildly unbalanced to the sell side.

xxx <-- fingers crossed.

Bill

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.