Prior resistance are any past peaks, especially ones with volume associated with them. Look at the highest closing price From March and April, those would be prior resistance levels and the last/most recent high cleared them (ie higher highs being formed) and we've even seen rock solid consolidation now above them. The long horizontal line I drew marks the highest close of significant and the prior resistance turned new support.
The February high close had very little volume to it, so the resistance will be negligible, however it does line up almost perfectly with the current .0065 resistance level, and you're correct that is current resistance now. No guarantees in this game but the action so far we're seeing is a very strong sign that the .0065 resistance is going to be blasted through, as bullish consolidation in this scenario tends to imply.
Just my 2 cents, I understand others may see things differently, but that's the beauty of the stock market. Been doing this for nearly a decade and am putting my money where my mouth is on this one, great potential here imo.
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