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Re: davidaames post# 2658

Friday, 01/10/2014 2:56:12 PM

Friday, January 10, 2014 2:56:12 PM

Post# of 50154
Going solely by the technicals, every time $0.29 was approached today, strong support came in to hold it. The daily chart is uptrending towards the key resistance line at ~$0.33. Volume today is most likely daytrader flipping or people frustrated they "missed out" on yesterday's profits. Once sellers dry up, uptrend will continue and test/hopefully break the ~$0.33 line. Once that goes with force it's good into the $0.40's, which is where my interest in some shares at $0.29 came in.

All comments are IMO only.

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  • 1Y
  • 5Y
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