If only Etrade can get to $1.91, we should then have a measured move to $1.95 which is the power downtrend line.
Momentum could drive it to $1.98 which is the maximum upside still within a downtrend.
Above $1.98 and we havew a breakout rally.
So, what we need now is confirmation that ETR wants to takeover JDV otherwise we are in a holding position going into the weekend.
I suppose the good news is that the downside support line is now $1.86
ETR currently trading at $1.88c
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