If the stock can close at 1.30 or better one of the more potent P&F patterns will resolve with a buy signal. The pattern, a spread triple top has been tested by Cohen( 1959), Kaufman (date?), and in an unpublished research. It provides a positive edge and provides a price forecast based on the pattern's width. This breakout would carry a target of over 2.00. That is not supported by my other technical work but with a clever cat like Gene at the controls who knows what he has up his floppy wizard's sleeve.
My target is 1.50 to 1.70. There's a boat load of resistance above 1.70.
News 
Market Data 
Discover 
