Asleep at the Wheel

[rich pearl]

so what do i know about timing? not much. 3 weeks ago i'm suspecting a run in OCLG to .014, and now finally we're getting ready. but, of course, we may have topped out here in one of the rooms of Mr. Fibonacci's house and its going to take us a smidgen more time. i still think .025-.03 before March is possible -- that's where its going -- but there's not volume to do it immediately.

in the meantime, its a very orderly walkup. and having ebbed and flowed back and forth, quite a bot of support has been brought to bear. the fibs are holding. .011 is a fib on the road from .0024 to .0098 to .0064. .0138 is in the future. but how soon? and does it pause there? this is all about the uptrend. the next moving average of any consequence to the resistance is the weekly 200 at .029. so the fibs and historic points are where the pockets of resistance will be. lets look at the 2 year.

looks awfully open to a run, doesn't it? everything is heading north and nothing, other than the rsi6, is overheated. shares are disappearing. chiosc, obv, and a/d are up biggly, and momentum is building. bollies are still widening.

chart says this is a longs hold. and who am i to argue?