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BIT Charting, page-661

  1. 486 Posts.
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    I hope it stays that way. It has long looked like an historical line of resistance. However, instead of just bouncing off this time it appears to be turning into a structural beam.

    350 000 000 shares taken up in the last 6 weeks. Every day, the ceiling moves closer to becoming the new floor.

    If I read Slick correctly Bolle Bands are narrowing on the daily, and the price is holding above the median.
    Seems to be saying the same thing using technical jargon.

    However one hungry shark or a sniff of good results and the current ceiling is gone in a snap.
    A few more weeks of this would have more long term benefit than a hasty announcement, IMO.
 
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