Possible inverse head and shoulders forming
Frustration to the max with this thing. This recent downturn not only just hit the support level low to mid 270's, but upon closer inspection, it looks like we are forming out the right shoulder. If it can turn here and we go back above 3, this should give us an approximate move to the 370 ish. Which we discussed last time. Not sure if the upcoming financing announcement will be perceived positive or negative. I guess it depends how they structure it. If its positive, that might be the big catalyst to push us up. GLTA