inside day, page-6

re: supportive technical anaysis Good to hear some TA from you guys. My bobs worth: The retrace we saw yesterday was not the same as we saw from the last run. We now have a new support at about 1.9c. Best TA you can have is to show an 8 year old the JRV chart and ask him/her if the chart is going up or down ie.no bias. What I can say is we are seeing higher lows and this is significant. The other thing is that on the rises the volumes are significantly higher than on the falls. This shows accumulation. I might not know much about cups and handles but i do watch point & figure charts and a breakout has been confirmed. Where it will take us i dont know, but a reversal is occurring.