My take is that this was a very bullish move coming right on time, hanging around $2 long enough to get all the King's horses bored might tempt some of the pipe at $1.10 to find it's way into the market. I think we have a decent shot at taking out the old resistance of $2.45-50 after some basing or sooner. Today's money flow was excellent. We regained the 200 day MA and this while the 50 day MA is hauling higher each day, should cross the 200 day within a week or so..... Volume decent as well, chalk it up for the bovines........Something I don't hear discussed was the Lilly ampakine guru going over to Merck-.....is this a random event or not?......time will tell- I have this in the back of my mind when I think about our little diamond in the rough.
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