Here is the weekly chart:The ocean blue; Hopefully the long term...

Here is the weekly chart:

The ocean blue; Hopefully the long term support of 9.5c holds. But if it goes below that the market will have to find some level of support wherever that might be. I have a stop loss just below 9.5 just in case.

The blue sky; If we can break out to the upside (the coil is tightening) then I see a short term target of around 17c. This is a big if with the recent sellinging pressure. Weekly MACD is poor....and they say never fight the MACD, right?

So the next week or so is big in the grand scale of things for the technical side, I have my original holding but keeping my cash dry and waiting on what pans out.

Either way I'll be buying at the new lower support or as it breaks out of the descending triangle to the upside.

Views and discussions on the chart welcomed, either if your a hold, thinking of buying or even selling. Thoughts are welcome.

Sandy