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ClarkKant

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ClarkKant

Re: CER3 post# 235

Tuesday, 02/16/2016 11:32:06 AM

Tuesday, February 16, 2016 11:32:06 AM

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$15.80-$15.85 area seems to be the line of resistance.

This was the area where the bottom really fell out last Friday and when it tried to rise back above it 3x last Friday, it failed.

It opened up above $15.80 and was quickly pushed down at open today as well.

Shorts are getting nervous but $SCSS is going to need an influx of buy volume here to break through the $15.80/$15.85 area of resistance.

Could possibly see a nice squeeze $16 area if buy volume can uptick.

Let's see! Love watching these on the daily charts.
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