Honest response. After this comment, I intend to follow.
I am NOT a chart enthusiast here in Pinkyland. Here as far as I am concerned, Emotions, volume and MMs rule. I view charts for trend lines (historical perspective) only.
My post regarding .003 is a reflection of my perspective. MMs have really established about a 3 tick advance over the recent trading days. Volume reflects that interest is high in regards to LAHO and the posting board is going bonkers with emotions.
My view of all that makes my personal opinion set at .003 as a bar of some strength. How I extrapolated to make that prediction would be very hard to explain in a logical and rational way. Hope you understand.