As a Joe ...TA/Scenario/TacticsTA -----
Mid-Long Term (5y weekly chart) -----
Bullish, but in consolidation phase Wave II now, MACD, 50d MA, momentum -- OK, Stochastic, OBV, RSI -- sell
DMI, Oscillator - sideway. So, mixed.
Short Term (6m daily chart) -----
down trend, MACD, Lower high & lower low, 10d SMA, DMI, Stochastic
Period, Wave, Resist & Support -----
Wave I - (7.5 weeks = 2m) 12/30/2010 - 02/16/2011,
Definitely broke multiple-years' resitance 0.50, Major up-trend began!
But see major Res. at 0.92, below $1 - critical watershet,
Wave II - 02/16 - ???
Swing between 0.50 to 0.92, they are most critical support/resist line. Some other minor sup/res - omit.
Scenario -
1) Significantly fundamental change SOON, push it go to Funda. Control instead of Tech. Control - this is
UNLIKELY, for it is on early development stage, not exploration & research. And no "take-over" clue is seen.
2). A few weeks to a few month sideway to repare TA parameters.
Probablly - swing between 0.50 - 0.92 (BB width) for 2 weeks to many months?
Special Consideration -
Some institution in, some institution out, Why?
My guess -
The comers are for LT investment, or potential take over. The outer believes it has LITTLE
chance for a fast run-up soon. the incubator work is done. So cash is better.
Combined Momentum = Neutrol
Tactics -----
Core position - hold for long term potenial, unless it goes to LT down trend or goes too high too fast
Trade position - sell to avoid risks, and may relocate.
(Based on this consideration, I ve reduced my position recently)