Post by
mallgirl on Aug 12, 2009 3:44pm
$1.25 Next Resistance?
I'm by no means a tekkie and I realize in these markets analyzing the charts can be uncertain at best, but it looks like now that we're through $0.60, the next resistance level is around $1.25 or so. Anyone else confirm this?
Comment by
rgrieve on Aug 12, 2009 10:14pm
$1 appears to be a potential resistance level although on a P&F chart it's a little befow that. However, given the volume and the fact this is a penney stock anything can happen. One set of drill results that expands the resource with high grades and this thing can blow the roof off. It is all impressive so far given there has been no news released yet.