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Thursday, 02/04/2016 8:15:09 AM

Thursday, February 04, 2016 8:15:09 AM

Post# of 15432
Here are targets that we should be looking at from a technical perspective looking at charts. In the short term it is obvious that we will be retesting .02 I would say we will hit resistance at 2 cents by end of next week or sooner depending. Especially since this is on the breakout board and this is a real company with serious revenues coming forth.

Going back in time 4 cents and 6 cents are resistance but not that strong. The next real resistance is at 10 cents then up at 20 cents. Did you know in the past the stock went from 2 cents all the way up to a little over 20 cents and then dropped back down in a single day? That is a crazy movement of price but lets us see the potential. This was back when they were developing their business plan.

If you go back far enough in the charts you see thar this started trading going as high as 70 cents. That is the resistance level to really look at.

Once we break thru 70 cents there are only blue skies. :)
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