Thursday, April 08, 2010 8:08:37 AM
We are now ABOVE the 50dma on this NEW classic manipulative pullback. We are in a new channel and the MM's are going to run this hard. It is the reason why I gave 10 days before our real breakout above .004 occurs.
A 140% gain from these levels would take us .0067. Since there is no battle ground there, I would look for .0095 as the first possible pause after the .004 break, unless the strength is too weak... If so, then we'll peter out at .0058.
Retro
Retro
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