Been following this chart for a while and the support at .185 is very strong ... plus there is Harami formation forming today at the bottom of a short term fall on low volume over the last three days.
The lack of volume in these down days compared to the volume of the preceding up days, as well as other indicators turning up (coppock, momentum) and the harami today leads me to be believe that, despite the big 800,000+ sell at .195, there will be a powerful upside breakout over the next week.
Only my opinion of course ... but I think at this point, .185 is a great price ...
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- breakout tomorrow or next week
breakout tomorrow or next week
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Will Souter, CFO
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