EFuel EFN Corp (EFLN)

[SPM555]

What I like about the overall setup here is how the price has been trading in a pretty tight range the past two months, right near the top of the trading range from the prior six months. Up until March, .001 was the highest close since last summer, and for the past two month the price has more or less stayed above that point. It's a very bullish sign to me, so I think the next buy signal should have a good chance of success. I had the trigger point at .0012 up until now, but since it's a descending trendline for resistance, it's now getting closer to .0011. That's where it closed at on Friday, so it may be in play this week.

http://onlycharts.com/forum-3/flipping-penny-stocks/flipping-penny-stocks-weekend-watchlist-update-may-2-6/