There is also a resistance point at .0021, it was a semi-old high. We will have to break that as well, but I suspect it will be weaker than .0018. Also have to factor in the "psychological" resistance of .0019-->.0020 conversion. We have some work to do but IMO we can break them, and then sail to the .003-4 range.
I expect a surge and plunge, or gap and trap in the morning. A bounce off of .0018/.0019 again and then down to .0015 so the MMs can load some more shares and allow the Bollinger Bands to tighten some more.
If the upward momentum continues this week, we could have a Golden Cross of the 50 and 200 day EMA relatively soon. Two ticks a day would probably make it early next week, which would definitely give us a spike to maybe high .004's low .005's, before settling back down to high 3's or low 4's, as I think they are playing the chart with WMA and EMA rather than SMA (makes sense now with further investigation as to why, but not before which is why I hyped the SMA golden cross which actually meant nothing but more support for us).
Honestly, I do not think we will see anything above a penny before the R/S even if they announce the R/M. I say this because there is a pretty good iron grip on this stock, and although it is weakening, I also suspect the MMs have accumulated enough to be able to hold it from flying off its hinges, per say.
This post is not meant to be negative in any way, because I honestly do believe we will continue to climb. I just do not think it is to the extremes, that some are continually chiming here.
All my opinion. I just wanted to put some unbiased thoughts out to the investors sidelining. If you were wondering my thoughts specifically...I intend to sell a few at open tomorrow to cover my cost basis, and then let my new freebies sit with my old freebies, while riding out the storm.
SPCL/Pixel for the win
