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Re: JT_Marlin post# 451

Thursday, 03/16/2006 12:38:02 PM

Thursday, March 16, 2006 12:38:02 PM

Post# of 8161
"Can we see $3 today?"

So far today we have produced an 18% candle. I found a minor resistance at $2.72 (again hard to calculate). The rise has bounced back down from this resistance and we should be happy with ending the day near that top. Looking back to December 28 of last year we experienced a similar candle that sent the stock from .40 to 1.50 over 1 1/2 months. That's a 300%+ rise. I think we can speculate that today may be the start of another rise like the one in December IF we end the at the high of the day.




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