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ryall12

10/05/10 4:49 PM

#96 RE: Kitju63 #95

yep, not sure if this was a bounce/gap filler or if it was showing new support/consolidation on the 2.15/2.20 level yet though.

either way i see some tough resistance near 2.80/2.90 and if you are a short term holder in this i would be looking out there.

long term there is plenty of time to see if it will break that resistance or hold the 2+ support.

daily says there is some room to move but when combining some other data i am not sure it will break that level on this push. but it does seem that 2.60+ will be danced with again at least short term.

hourly is a bit maxed though so it may pull back first. those looking for in/flip should try closer to 2.40
if 2.50 holds over the next day or 2 that is real strength. otherwise it may even fall to 2.35 tomorrow before turning to bounce back up. current rate the guess is tomorrow is down/flat then thursday pushes again.