RE:RE:At least GIC's don't ruin my evening.....Very true RJ. Some will always sell at the percieved resistance levels, that is why they exist. Hovering around the resistance level for at least a few days will allow the overbought RSI to unwind, should result in a more decisive break out when the time comes.
Once things really get going I prefer to monitor via weekly charts - helps with the long term mindset and resisting the profit taking urge. Of course I will take profits eventually, but probably not until 2017 or after when Ithaca is producing well over 50,000 bpd and hopefully on a punchy PE ratio approaching 20 - this of course would put Ithaca comfortably in the FTSE 100.
Doug