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davidam

08/10/10 9:59 AM

#6108 RE: jc_penny #6107

First resistance is at 0.0022 to 0.0023 if it breaks there it will land in the 3's
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ryall12

08/10/10 10:04 AM

#6109 RE: jc_penny #6107

hi, david is right about that resistance level however the cup pattern suggest it will reach at least 30s. (bottom of 7 cup sides of 20, breakout around 19) plus it has a history of moving on news. the old trading channel that it lost due to financing which is now over would also be between 32 and 47 approximately.