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Thursday, October 26, 2006 12:34:41 PM
Hard to say, where's chartist1 when you need him? ;)
Looking way back, a couple of 40MM share days at .15 broke us out above some resistance and propelled us onward, and a couple of 23MM share days at ~.40 broke us to the upside before and kept us there for a while.
So maybe $12 to $20MM in trading value over a few days would be a sign of some serious sustained upward movement coming, although substantially less than that could get us above some of these current low resistance levels if the right news was causing the buying interest.
Just my SWAG, I really haven't done any studies of volume breakouts to get a good feel for them. chartist1, where are youuuuuuuu?
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
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