Bad Xilo Bad Xilo. <-----slaps own hand, LOL. Unless I'm off my mark a bit here, we'll see a short run to reclaim the .007's in about 5 minutes or so. I could be off on this one.
To me, the .0070 resistance is a shallow resistance. I think we have enough eyes on this right now that .007's will fall without much effort. I see a bit of resistance stepping in at .0085 and then nothing to .01 where of course the resistance will be pretty big. I'm looking for the upswing again to start in about 20 minutes or so. I'm thinking someone wants to catch the lunch crowd with their shorts down and force them to get back in somewhere in the .0076-.008 range. To me, the next dip will set in at about .0083 This is imo and I have no charts to prove it, just a 30 year history of calling stocks. Anyway, as I said earlier, a penny is not out of the question today. AIMHO GLTUA