Replies to post #1073 on Fibertower Corp fka FBBT

[dmlabuda]

There appears to be heavy resistance at $0.22 but, the buyers are still persistent. When the price does break through $0.22, it should run nicely on a short covering rally. If there is a pull back due to the resistance and shy buyers, it should be short lived in my opinion. We almost have an ascending triangle on the hourly chart now but, the market is also oversold so a pull back is possible.

[csmoening]

dmlabuda, thank you for your annotated charts. They are insightful and I learn well from them.