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Re: mrmessiah post# 3987

Tuesday, 09/23/2008 10:14:34 AM

Tuesday, September 23, 2008 10:14:34 AM

Post# of 46517
Who knows really? These things have a way of carving out new areas of support and resistance, especially when there is little to no historical data. But 1.20 is strong enough here that a break could be considered significant enough to send it straight through.

I'm thinking the 15 mins chart will need to get back inside the BBs before the next step up. Lots of buying going on to be sure, but there ought to be lots of profit taking holding it back. There are many many shares out there that have doubled and quadrupled in the past few days.

...And as I say that, 1.25 is printing!

If you're not living on the edge, your taking up too much space.