ok before we get carried away making silly ...

asumptions and celebrating about making back losses.


Lets look at the market from a non emotional scientific basis.



1. We where expecting a rally back to 0.84ish which it has gone a bit higher

2. The average rally is about $0.25 - $0.30 cents which we are out now.

- Ironically that brings us right back to the lows.

Based on this there is nothing trend changing here and is more likely a good place to short more if you are short.


Longer term:





There is a lot of resistance there.


THE BULLISH SCENERIO would be if this rally continues to around $1.12 which would be a rally of $0.46 which would be trend changing and then get a pull back to $0.90ish and rest on support instead of finding resistance on it.

This point would be the point to buy.

Currently this price is a place to sell.