Chart wise we have a possible Tweezer top forming (last tweezer top was the 3rd of Jan giving a slight retrace). So the retrace is still valid. More confirmation tomorrow. I hope I'm wrong and it can bust through the 15.5 zone and continue to $1.00. But reality steps in and says that a retrace is never a bad thing as it strengthens the chart if there's going to be another run. Retraces are only a hassle as they delay taking a position other than a day trade.
SEH Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held