RE: More Great news out - Shakeout I
Hey Mates,
If we have a look at the previous 2005 and 2011 ATHs, it's not surprising that we're encountering resistance in the .70 - .75 range.
Those who purchased during the two previous peaks are psychologically spent and want out just with a break-even. Once their stock has moved into strong hands, which could take another month or so, we should finally move to new ATHs as no resistance exists above this range.
Patience is our strong suit here, as the results coming in are excellent.
Cheers,
Brit