True, but as more and more of the float becomes tied up as ...
a.) the stock continues to successfully run bolstering investor confidence and thus making longs out of people who on first glance were only here for the short-term
and
b.) the NI approaches ...
the consolidation periods become less severe due to the simple fact that there are less shares available to be sold. In addition, this support level we're currently holding is different in that it is continually rising, which is why we're seeing green even on days where selling is heavy. Back at .04, we had formed a more or less horizontal support level. When we bump into this current support, there is no where to go but up and to the right along the chart. At .04 we could go up after bouncing off support only to return shortly thereafter for another bounce off of .04.
The only things I know are that my predictions are pretty hefty and that they may or may not ring true. But I do say them based off of what I think the chart is pointing to, and not because I picked some magic number and magic day out of a hat. I think that we will see .15 by Tuesday's close without dropping below 10 cents in the interim is a good way to sum up both of my positions
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