Warning: the following chart is based on complete fantasy and has no scientific basis or technical analysis. Purely imagination run wild. Those who are unable to bare the thought of speculation about the future should look away now.
My basis for this chart is that the trading patters within the red and yellow boxes are actually pretty similar, with some obvious differences. Those being that the first red/yellow boxes are smaller in magnitude (both volume and time) and have a greater trading range from highs to lows. However both boxes end up where they have left off in terms of SP.
I have read the term 'coiled' being thrown around quite a lot these days, I think MPJ is a good example. If we see the kind of volume I'm anticipating in the coming months, MPJ will either be traded down to .001 or have broken above the 1.2c resistance. Either way I'm prepared for and eagerly awaiting the result.
MPJ Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held