Ubiquitech Software Corp (UBQU)

[Technicalogist]

I said retrace to.0065 4days ago and it did. The horizontal resistance hit today is real any chartist would agree. Horizontal resistance is considered by many one of the strongest types of resistance. It's not a bad thing it just allows the price to strengthen lower before next move higher. It's not that it won't push through its just part of the waves of the movement. Sure it's possible that it keeps pushing higher immediately but that is a far more rare scenario.

By the way I'm laughing too... All the way to the bank!