InvestorsHub Logo
Followers 213
Posts 27268
Boards Moderated 3
Alias Born 03/03/2011

Re: ricklths80 post# 40351

Tuesday, 06/21/2011 11:57:44 AM

Tuesday, June 21, 2011 11:57:44 AM

Post# of 98509
I agree with your analysis 100%.

We may be stating the oblivious based on the L2 but .0030 is the resistance. Break .0030 and we see a very quick return to the 35-36 area which was the area we were trading at and expecting a break-out to 50-60 channels before all this business about share count.

By the way this little detour IMO has helped the stock and once we break through it will be easier to make gains and reach higher support levels in a very short time.