Like the rest of us, I'm not feeling too happy with where the price is sitting, but with the recent placement I guess that's to be expected. Fortunately I'm still in the black, and will also hold up my hand to getting a few more last week @ .245, so hopefully onward and upward from here.
The weekly chart shows that we are now right on the trendline and sitting on support which is a 50% retracement from the lows in the first 6 months of 2009 to the recent highs. The stochastic now in oversold territory.
Interestingly, the last 2 runs began in September 09 & 10. Five more months to go?
It's worth holding tight, because upward moves come suddenly.![]()
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