I'll be thrilled just to see the next big rally surge from this set up soon.IF that's what the powers intend to do next. will be watching the strength of any resistance from 7.00-8.00-9.00 area for any clues...actually starting at the 6.65 shoulder resistance. as well as watching for any bashing articles or tweets from the wall street agents. the usual crap we have to deal with along the way.
IF the powers doing this manipulation and bleeding down still have enough time to continue this pullback, these target steps lower do extend down below 5 dollars ,toward the 4.70/4.60 area, but I don't know if the powers will take price that low.but if they can they probably would. we'll just have to watch. today's buy at 5.30 target was just an automatic technical buy. at this target point. there are a few more. one at the 5.17 area one at 5 dollar area,one at 4.80 area and that's about it for me for now. caveman still likes 4.64 but is willing to cut it in half and call it 5.14