Really heavy resistance at $8.40, turbulence was expected there. Right now support is around $7.65. If it pushes through $8.40 and holds the next barrier is $9 - $9.70 area, possibly before that at around $8.85 ($8.85 completes the head and shoulders reversal pattern). If the current trend continues the above levels will be hit in the coming 3-6 months.
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If S*!% goes south next couple of weeks, lower support numbers are $7.40, $7.20 & $6.95 is absolute bottom. 10, 20 & 40 SMA's are fanning up and moving into trend formation hence my $7.65 support at this stage. Just my musings. GLA. Cheers.
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No. | Vol. | Price($) |
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26 | 134539 | 6.130 |
23 | 113429 | 6.120 |
11 | 65849 | 6.110 |
35 | 127163 | 6.100 |
Price($) | Vol. | No. |
---|---|---|
6.170 | 2641 | 1 |
6.180 | 1420 | 1 |
6.200 | 22082 | 3 |
6.210 | 40971 | 3 |
6.220 | 102238 | 2 |
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