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makeamint2

05/25/11 9:49 AM

#50851 RE: OBI #50850

fair enough, you acknowledge that the company is a non entity and this is simply about trading a vapor. I fully accept that the PPS and the underlying equity has no relationship to the operations of the company.
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OBI

05/25/11 10:22 AM

#50854 RE: OBI #50850

just in case why you think I landed the 0.55 number as the next target to reach, take a look

there is a double over head resistance right at 0.50 and 0.55

so if our sub wave iv correction does end at 0.30 with a closing above 0.40 we should meet this area very quickly.

of course closing above this would begin to turn the higher level chart around for even further bullish momentum.

but until then, I do not mind taking baby steps. Its a sleeper I tell ya

also as a very bullish indicator since the 10/20 EMA are now over 0.30, potentially if asr is as bullish I as hope it can be, we may never see under 0.30 for quite a while.