OTCPK:EXSFF - Post by User
Comment by
Ducimuson Apr 01, 2009 9:59pm
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Post# 15889894
RE: RE: EXS Chart.
RE: RE: EXS Chart."
Why no resistance line at 40 cents ducimus?" - MakinCash
No reason actually. I'm pretty sure it was there before. Anyways, I put it back.
Thank you very much for pointing this out - I pride myself on objectivity in TA and there is indeed a resistance line at the 0.40 - 0.42 area.
Breaking above this line on volume would be very bullish with a target of about $0.60 based on the
ascending triangle formation. On the other hand, a reversal would spell a very important retest of the lower uptrend line.
