Hi Max,Westie & Crew,
The way I see it is a open & close above $2.04 2morra will break the down trend to a dergree, what it really needs to do is break the old neckline, to be going any where "HERE AND NOW", then it will have Momentoum..imo
Notice the Yellow 30DMA followed the lower SEC on the up Now The 14 DMA is now following the Upper SEC Down (notice I've made it thicker so you can see it its the red one.. lol)
#1 A open and close at or above $2.04 2morra will break down trend. but really needs to close above $2.15 to go anywhere, soon, but Newrys parrell might act as surport.imo
#2 More time needed plus Newrys trendline to bounce off
#3 More time needed plus Newrys Parrell and my Neckline.
Looks like all those MA's are going to meet up soon so #3 Unless #1 kicks in first..lol...imo
By the way Spots for a Break are either up or down..imo
I don't hold any ATM but at least you people appreciated the input be it right or wrong.
That's why I post my opinion now when you ask for it, good luck to you all.
Not like some other threads Barbarians..lol
Opps not to mention it here but people look at MEE Very Similar Chart to Mak 4 months ago but still cheap imo..
Cheers Pete.
pps
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