rcman
as I said its support not real resistance, look at your chart
going up never any resistance at 12.5c other than 3 mini ST tops (irrelevant)
The real resistance was at 10-11.
On way down 12.5 was a support ledge
That first run from 11-17 ignored it altogether.
high volume on way up and low volume on way down
now its low volume meltup
Last time I said 15 wasnt real resistance either, spot on!
This time I said 12.5 is real resistance , so far so good.
barchart says only the bollinger band is lagging and that got broken today
so will see 100% short term indicator and the INSTO software alerts will FLY for TRY
Let see where it can go to from here, any buyers have nothing large to work with here,
the large seller capper is MIA!
Easy run to 17 imho
Barchart Opinion
INDICATOR
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- Strength & Direction
Column 1 Column 2 Column 3 Column 4 Column 5 1 Composite Indicator Signal Strength Direction 2 TrendSpotter BUY Strong Strongest 3 Short Term Indicators 4 7 Day Average Directional Indicator BUY Strong Strengthening 5 10 - 8 Day Moving Average Hilo Channel BUY Weak Strongest 6 20 Day Moving Average vs Price BUY Strong Strongest 7 20 - 50 Day MACD Oscillator BUY Weak Strengthening 8 20 Day Bollinger Bands HOLD Bullish 9 20 - Day Average Volume: 1,540,581 Average: 80% BUY
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