Where are you BCsilver when we need you?????
Zenj; PamplonaTrader;
Excellent posts and right to the heart of the matter! Seeing that close on the high today gives me cause for optimism but I must agree with you Zenj, from stricly a chartist's view, it is not a decisive candlestick.
Pamplona Trader; I wonder if the way to deal with the 2.00 resistance area is to have the stock gradually retrace to the 1.95 area (what I consider to be the equivalent of the 10 yard line) and then after basing there for a bit, squirt through the $2.00 line on a piece of news. A win is a win is it it not? So that maybe the issue of the volume can be sidestepped somewhat. However, news of an offer that might appear at the $1.95 level would certainly be enough in itself. Of course the other issue, how to get the stock to the $1.95 level. Well let's not worry about that. Maybe the stock will just do it for us.