As i understand it we need to break $2.42 solidly (ie open/close above it) then theres no resistance till 3.5ish, and that is from april 2013 so not exactly nearby resistance.
Last time we hit $2.42 that was a puff the magic dragon scenario but given the ann, recent buying activity and no of shorts IMO its possible to see a run into the 3.5 territory and beyond.
