miksaw
the 16 was identified as resistance that needs to be broken . It was based on where the trendline was at the time, so as a consequence the breakout price will gradually lower with the trendline (reasonable volumes will be the confirmation)
When you said it was a sell into the announcement that was spot on , the 16 Resistance was the short term goal..running from 13 recently allowed good profits back down to 14.5.....
I can see a 15.5 close on this triggering more TA entries
and
the financial support from 7 re a faster wimax roll out
keeping fundamentalists interested![]()
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