pivot point

if we fail to break 9.5 it spells a retracement to high 7's - if we breach it then 12c will come very fast -

i cant see them (current buyers) acquiring to many more shares under 8c unless they push this outside of the trend to inspire a new wave of profit takers. Ive been trading this range since early feb with no end in sight.

i have included a simple chart to give you an idea of what im talking about, the range is showing great resistance at tops and great resistance on the lows. This can potentially and is likely to stay within this range for another couple months.

its a flip of the coin on this one but im starting to wonder whether it can pull back as the people buying arent trading this, they are accumulating them.

make your own call...