Thursday, January 16, 2014 12:18:33 AM
YIPI Chart Update! Finally!
What we all knew was going to happen looks like it's occurring. We finally blew past the difficult 23.6% line at .36, and now, in anticipation of these financials, we spiked today. This spike took us to the 38.2% fan line which is a very important support/resistance area. As you can see from late September, the bounce off this line resulted in the start of the big run. If we can break past it, the pinch occurring against the 61.8% extension line should, imo, give us very solid momentum to break it.
We're now in the area of "anticipation of F100 company news". If/when Yippy is brought to production from this period, then I cannot fathom how a 200 mill market cap is not reasonable. Do the math to figure the PPS. As stated, a buyout under $5 per share is not on the table. Only over.
If we can break past that 38.2% fan line tomorrow, the real run may start.
Very very very bullish chart.
What we all knew was going to happen looks like it's occurring. We finally blew past the difficult 23.6% line at .36, and now, in anticipation of these financials, we spiked today. This spike took us to the 38.2% fan line which is a very important support/resistance area. As you can see from late September, the bounce off this line resulted in the start of the big run. If we can break past it, the pinch occurring against the 61.8% extension line should, imo, give us very solid momentum to break it.
We're now in the area of "anticipation of F100 company news". If/when Yippy is brought to production from this period, then I cannot fathom how a 200 mill market cap is not reasonable. Do the math to figure the PPS. As stated, a buyout under $5 per share is not on the table. Only over.
If we can break past that 38.2% fan line tomorrow, the real run may start.
Very very very bullish chart.
I can only provide my own speculation and theories. I am not qualified to offer any
investment advice. Everything I post is my own opinion. DO YOUR OWN DD!!!!!!!
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