Nice chart ospreyeye. Do you do any Elliott Wave analysis? I have been learning about Elliott wave lately as I know some investors who use it with great success.
To me it looks like we are in the 4th of 5 waves. The 4th wave is a wave that is down from the peak of the 3rd wave somewhat and can go on sideways for a while until the strong 5th wave goes up again above where the top of the 3rd wave which was .50
Of course this could also be a slight break in a wave 3 up as well.
Oh you'll get your .2300 bounce, that is.... if we even go down there ;). .25 is going to have an awful lot of buyers. People are seeing that they are easily going to double a quarter to two quarters in exactly 8 or less days. :)
Wish I had more money to buy these levels. Won't see them for long come February 15th. Oh and they are giving us their pps projections on the 17th of Feb (Sunday), so expect Monday to be huge!!!!