OTCQX:PALAF - Post by User
Post by
Tooton Nov 17, 2008 1:57pm
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Post# 15590916
Breakout
BreakoutI t will be interesting to see if that block at 2.16 is what I think it is, nothing but bull bait made up of buy on stop bears.
It is pretty hard to read the intraday but what is likely to happen as a matter of dynamics is that if we hold the price above 2.00 for today with at least 3 good days moving into the week and fail to pop the block today, then on the morrow, the price should gap the close and possibly jump the block wich will back fill the open on the intraday and so shall we build the steps.