I don't see long term resistance at .012 other than that being an arbitrary 100% ROI for those that bought at .006. I know we surpassed that and before we settled back to .01 during the most recent consolidation period.
Also, unless I'm confusing stocks (which I'm prone to do), I see accumulation all during the flat line pps of November, albeit small accumulation. So IMO, people we're buying before it started to move.
To me, we are definitely in uncharted waters (pun intended) right now. Since Katrina, this stock has been more predictable based on the weekly chart indicators (thanks for that heads up Shiz). We should be bouncing off a lower resistance of the 50dma of .021. But of course that was all before our July departure from the norm.
Ren
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org
