RE:RE:RE:Tomorrow I agree with the coiled spring scenario as my beliefs are the longer the consolidation the bigger and more sustained the move upward move be.
More over I would like to get back the gaps. Going over the chart for the past 2 years, I see a scattering of gaps throughout that time period.
Starting farthest to nearest
Dec 12/14 $2.90 - $2.80
June 6/15 $1.25 -$1.21
June 26/15 0.97 - 0.85
July 16/15 0.90 - 0.85
Aug 6/15 0.80 -0.72
The next set of gaps then start in March of 2016 and continue all the way down to our all time low in Sept.16. I do believe each and every one of those gaps going all the way back to Dec.12/14 will be filled.
Am I as concerned about a 0.005 cnt gap at 0.02 ?.......Not so much anymore!