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Friday, January 13, 2012 1:09:25 PM
.04 (38.1% Fibonacci retrace)
.0435 (50% Fibonacci retrace)
If we can eclipse these two numbers, it would put us back in a solid uptrend on the chart and help spur a strong finish EOD IMO. There's a reason why the MMs are lining up huge asks at these intervals - they want the consolidation to continue through the weekend to grab as many cheap shares under .04 as possible before the next run. Do the chart a favor and slap the ask at these intervals to break down the walls!
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