staying stuck in this box (5.90-5.60 so far.) but the danger of more bleeding is there. If that's the big money plan.
will the support level at 5.60/5.50 be Magical ?and hold strong forever?
It was a great rally from 2.43 to 6.64/6.49 how far back down can they bleed this? a normal retrace has target zone around 4.50 area. Imagine that.
5 dollars ought to be automatic, when the time is ripe for the next plunges to come. if they come.
so far....the capping below 6 dollars has been firm. and now its 5.85 resistance.
and showed no sign of breaking thru to even hit 6 dollars yet. determined Capping by the powers able to do that. bleeding price and plunging price and capping price. last week and now this week as well.
But can and will the powers take it to lower target steps below 5.60?
News 
Market Data 
Discover 
