TA & charts, page-183

On the hourly chart I have been previously talking about - last post I had us breaking out of a falling wedge. This was Monday.

Since, we have tested the first historic resistance of $3.69 with a wick touching it before it came back down. This started a fall back towards the upper bounds of the wedge. Predictably, it bounced off this area (low $3.50's). Some nice dojis have followed.

Hopefully now we have another crack at going above the previously mentioned resistance of $3.69.

An interesting watch, defiantly worth hanging on and being patient if you already hold, however not quiet ready to change my sentiment to a buy YET. This could happen soon though - bring on the new year. In saying that; overall, i am still very bullish on the stock, however, that is more a long term perspective. The above refers more to the short term.

Cheers, dyor.