we are knocking on a second level 1.40
Yes, that's the one that would break above my longer-term descending resistance at $1.42, dropping ~$0.0125/day. So today is right around $1.40 somewhere.
If we can break above on reasonable volume, then confirm I think there's a little headroom.
If volume is weak I think we still have to watch to see if the bearish (inverted) cup and handle completes.
Through 10:45, buy:sell is balanced at 1:1.01. So that's a good sign in that it's not wildly unbalanced to the sell side.
xxx <-- fingers crossed.
Bill
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