have to admit i almost bailed here. but its still showing strength. not as much steam as before but an important crossing happened today. just one more to go. the last fan line is in concert with a weekly resistance line. at this rate of climb it will take some time to fight it and should be in the 1.50s, which is also where some mas are. they should become support.
hoping after this break we get a pop and get over those mas soon. that will allow a quicker battle with the last line in the 1.70/1.80 area. that could happen as early as next week or a little after. the other scenario could drag into september... was hoping this would jump faster. still think it will break and will easily be a 2 stock again if not fighting for 3 this year. just might take longer than i had hoped... some long term 2.50 options might be a better play as it could take until nov/dec to make the big jumps over that number.
top end atm is 6 to 8 but thatd take a big development short term... though the 4 level seems possibly by early next year.
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