Monday, June 16, 2014 10:01:14 AM
If you follow the intraday price action , you might get a chance to buy at 1 dollar at least.
This mornings price action.... doing exactly what I anticipated....a pop to resistance at the open, hits 1.39, tries, again hits 1.38...resistance... and collapses down to test 1.23 support.
This will be an interesting week .
Just for fun, as long as youre here, try watching the price action on the 1 minute chart. if you can stand it....lol
it will tell us a lot about the force of support at 1.23 battling against resistance at 1.29/1.33/1.38 overhead
This is a key price zone , here around 1.30
and I think it might become an important zone in the future. along with 1 dollar zone.
I'd love to see one nice collapse down to 80 cents, so we can buy some more.
but I do plan to take some profit at 2 dollars this time....just sayin.
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