Friday, October 28, 2011 6:14:32 PM
6-Month Daily Chart
Resistance: Blue & Green
Support: $2.35
Short Term Target: $3.50 - $4.00
Notes: Need to see +DI cross above -DI then cross above ADX; need to see CMF reach +0.25; StochRSI demonstrates very strong positive market sentiment; volume/price relationship, a core indicator, demonstrates growing bullish characteristics; 5MA cross above 10Ma is bullish; 5MA needs to cross above 20MA. If volume is sustained, target of $3.50 should be reached in the short term. Watch for stalls at resistance points. Never hurts to sell the resistance point stalls, then re-enter upon upward violation.
Resistance: Blue & Green
Support: $2.35
Short Term Target: $3.50 - $4.00
Notes: Need to see +DI cross above -DI then cross above ADX; need to see CMF reach +0.25; StochRSI demonstrates very strong positive market sentiment; volume/price relationship, a core indicator, demonstrates growing bullish characteristics; 5MA cross above 10Ma is bullish; 5MA needs to cross above 20MA. If volume is sustained, target of $3.50 should be reached in the short term. Watch for stalls at resistance points. Never hurts to sell the resistance point stalls, then re-enter upon upward violation.
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