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Wednesday, January 04, 2012 2:35:37 PM
It would appear that SMKY is setting up for a breakout soon.
I think the downtrend was extended in DEC because of the EOY selling, giving us a solid base at .10 - I had several bids under that during that time and nothing was hit. Very encouraging (and slightly disappointing LOL).
The two strongest support/resistance levels appear to be a little over .14 and a little over .17.
A close over .17 in a week or so will be huge, I think. Yep, move the ask-sitters out and we can move fairly quickly.
All The Best
I think the downtrend was extended in DEC because of the EOY selling, giving us a solid base at .10 - I had several bids under that during that time and nothing was hit. Very encouraging (and slightly disappointing LOL).
The two strongest support/resistance levels appear to be a little over .14 and a little over .17.
A close over .17 in a week or so will be huge, I think. Yep, move the ask-sitters out and we can move fairly quickly.
All The Best
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