Technically, from the retrace we are having now, we are still in...

Technically, from the retrace we are having now, we are still in a nice solid up trend and could see this breaking through our little resistance area of 20 in the coming days/weeks.

As we can see by our previous poster, this is why the resistance exists as holders from 2012 who bought at 18 - 20 cents now recoup there lossses.

It certainly wasnt huge volumes bought back then so i dont expect this to be a significant resistance area, more like a little place to park for a while.

Once we have the wash through my following target of 37ish still remains.

Cheers