selling leve now seems exhausted

Last few days has been a battle at the 1.90 level as buyers and sellers slugged it out.

Today we saw a breach to the higher (1.92 close) side.

Volumes have decrease from the frenzy of a few days ago and IMO we are still in a wedge formation but todays breach late in the day was to the positive side.

Still a little skeptical as to how much it can rise until Management come out with a better guidance but we are now 0.20 cents about the low after the announcement.