A big high five to everyone who's been holding tight and adding more to average down! Due diligence and technical analysis FTW!
I knew if we held in there today we could reverse course. I am amazed we went up this far this fast though! We broke through the 100 MA like it was paper. Very nice!
But, we're not out of the woods yet. A move this fast may tempt people into flipping tomorrow for a reasonable gain. That's one way to go. Another is to hold tight and ride this higher! Our next major resistance point is the 50 MA at ~.008. And if we break that, BOOM!
So hold tight folks, and we could easily be testing that line this week. And with news on the horizon, you don't want to be left behind.
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