I am not sure that we really broke resistance- I see us still testing the .006 range for a while. I agree that charts show little or no resistance from here but about 2BB shares traded in the .002-.0025 trading range for about 2 weeks before the run up this week. Since there are about a billion shares lets assume (satistically) that all the shares changed hands and now everyone are new holdings at .0025.
Then it made the move from .0025 to .005 on about a billion shares. So by the same logic half the holders are at the .005 level, and half are at the .0025 level. Then we broke free from there to here on about half a billion shares were traded. I dont think anyone who bought at .005 is selling. That puts us at 3/4 shares bought at .0025 and 1/4 bought at .0025. So there are still 3 times as many people who bought at .0025 as there are at .005. So the way I see it, we still have to work through some flippers who are from the .0025-.005 range before we can move on too far from here. Once we break free of that resistance, then the next is a penny. That might take a couple days of 250MM volume IMO.
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