Tuesday, April 08, 2014 4:20:42 PM
It wasn't a wish. It was merely a price prediction based on how I saw it trading previously, liquidity, levels and technicals.. It landed spot on above the price I said I'd like to see it above .68-.70 and it shut .71
Beautiful. Where from here you ask? Well, we have 2 monsters to battle now before blue skies.. 1 is the .745 level which is the 20day avg AND a downtrend resistance.. IF we can close tomorrow or thur above .75, we will most certainly make a run towards .79-.81 for a new high.. It will see a lot of back n forth at those levels but ideally if I had my way, I'd wanna see a close above .75 tomorrow, a little capitulation on thur and a run at .81 on Friday.. If it closes above .80/.81 on Friday, next week could be very interesting (with a few small bumps along the way) but $1 is not out of reach once we get a close above .81 THAT you can almost count on.. The trick is getting that close above .81 !
Be strong m-ciggers
Beautiful. Where from here you ask? Well, we have 2 monsters to battle now before blue skies.. 1 is the .745 level which is the 20day avg AND a downtrend resistance.. IF we can close tomorrow or thur above .75, we will most certainly make a run towards .79-.81 for a new high.. It will see a lot of back n forth at those levels but ideally if I had my way, I'd wanna see a close above .75 tomorrow, a little capitulation on thur and a run at .81 on Friday.. If it closes above .80/.81 on Friday, next week could be very interesting (with a few small bumps along the way) but $1 is not out of reach once we get a close above .81 THAT you can almost count on.. The trick is getting that close above .81 !
Be strong m-ciggers
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