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Re: nutsoc post# 51435

Tuesday, 01/10/2006 1:38:59 AM

Tuesday, January 10, 2006 1:38:59 AM

Post# of 326352
Nutsoc, I really like the pattern we're in the last week or so... I see resistance at .33 then .35 then .41... but the stick we put in today might be the begnning of some very good things to come... as I said in an earlier post, the weekly chart could shape up to get us rocketing toward a break out of a huuuuge pennant we've been in since the last break out in April... the break out of this new pennant is (right now, at about .40)... it will drift lower (the break out price) the more sideways we go... also, since we've been in this pattern since April, I'd call it a pretty potent and explosive one once we break out... anyway, VOLUME, will tell all, and especially on a break out... so far so good imho...