Really hoping we don't gap up at today's open... I am not saying it will kill the over all bullish move here, but another gap up will be the 3rd in a row to make a Bearish 3 Gaps Up pattern that'll indicate a dip at very least, perhaps only temporary (nothing moves straight up forever)...
If it gaps up at the open today I predict a set back dip by the end of the week...
I'm not hoping for the dip, just predicting it if this gaps up today at open...
Ultimately on the long term I like this stock to $0.018, but it won't shoot straight to that number, so dips are expected along the way... Not a big deal..
As of right now, level 2 supports a potential gap up too... Closed yesterday at $0.0038 with a high of $0.0039, current level 2 before the bell is $0.0039x$0.0042... So, it is a litter early to tell... But I do predict the gap up...
Should probably at least test $0.005's I think today... Where the daily MA50 is (resistance)... Any bull move today will push us above the Bollinger Bands too... So a dip after reaching resistance should not be hard to wrap your mind around...
We'll see... This is just my 2 cents...
Again, overall I am bullish, but I think a sigal of a dip is in the making!!!
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