weekend charting easter, page-102

ROL

Having trouble breaking through a double Fibonnaci level at around $2.20.
Black Fib lines are retracement of original leg up which then retraced a perfect 61.8%. Red Fib lines belong to that leg down.
The combined red 61.8% and the black 23.6% level are now providing strong resistance, and this is the key level that needs to be broken.
In its favour are rising stochastics and share price above the 13 day moving average. But low recent volumes are more than likely preventing a further rise.

I believe a GANN study in time and price would be beneficial because after such a sharp rise, time is needed to absorb and consolidate that rise.
I'm no authority on Gann so how long it will consolidate for is not something I'm willing to predict.

10cents