Long tails @ 42c would suggest good buying support and that held previously on high volume. I'd buy @42 with a tight stop around 39c.
IMHO I expect a retrace to the 42c mark in the next few days/week regardless of the Libya situation.
Remember anything can happen.......conserve your capital and have a risk management strategy. Praying and hoping isn't a good one!
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Long tails @ 42c would suggest good buying support and that held...
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