Ds on GZFX the resistance/support level I was speaking of falling back to before turning up again is sort of like this...known resistance points across .01 have been .0088 .009 .0101 .0105 .0115 .012 .015 .017 .0195 .0201 then of course .0256 peak.Now after seeing all these levels that have shown both resistance and support if trading blows thru a level with bullish strength it should retrace no more than that level on profit taking.Resistance becomes support and support becomes resistance is general rule of thumb.on th original CC pilot announcement it blew thru 3 resistance levels if I remember correctly.I have no idea what to expect Monday due to emotions and excitement that force weird things to happen.For one thing it IMO will certainly gap up due to so many people "tipping their hand" IOW many orders are placed GTC to buy at levels above .084 that is going to force the MMs move the ask price up tho the may not move bid up accordingly.If relatively few orders were placed to buy at ask before the bell then it would be bought cheaper and have a more orderly run.IMO most think if I place early I will get in cheap when in fact it drives the price up.OTC orders are first in/first out by pure coincidence if it happens so placing early orders almost assures that you will drive the price up...Simple
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