If today's breakout holds til close then we have no overhead resistance until the 38.2 fib line from 15th sep 2008 at around 70c...
at 1.05 we have a confluence of the 62.8 of the same fib line and the 38.2 from the may 2008 high. Along with a big round number $1 so would expect a solid bounce there...
But between here and there it's a long clear road, coupled with a very unenthusiastic sell side and CEO with a very trustworthy looking hairdo I like where this is going...
PLV Price at posting:
44.6¢ Sentiment: Buy Disclosure: Held