slow news day...., page-10

Nice push towards the end of the day. Chart looks quite good. Bollinger bands closing and some decent depth. May have weathered the sell storm from T+3 and short term traders. Solid finish for the market today too.

1.3 cents looks to have provided strong support for 2 days and is 38.2% Fib retracement level. If so it may give us a range target off the first move of 2.3 cents. I would separately forecast major resistance around 2.6 cents which also happens to be around 138.2% of the previous range.

I'm holding atm and that always tends to influence how I read charts. It's funny how much more accurate you can be when you've got no emotional/financial involvement in a stock!! :)