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Re: was RocknRolla post# 11992

Thursday, 04/10/2008 12:28:02 PM

Thursday, April 10, 2008 12:28:02 PM

Post# of 165875
well i am thinking .03 will be a bit tough to chew on, it really depends on what the total volume will be for today, if it is equal to or greater than 13 million it is saying Friday will get more follow through probablyu.

but originally i was thinking we could range up to .04 and maybe .05 by Friday...

those would be extreme overbought levels...

then I after that I am looking for a retracement and then another huge leg up..

if we top out at .03 or so.. then I can see us correcting back down to .02 for a few days... and then a realy big run into .05's or close to .10 at which time news will probably be coming out..

the time frame for news seems to be about 2 to 3 weeks... so I think that we are going to run right up into that major news 10 to 15 days from now.
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