Despite all the heart bashing and general crap that gets brandished around, surprisingly more when a stock is going up than down.. go figure.
This is how I see things short term
That line has been where sentiment has changed short term, with a clear breakout on monday and then a couple of retests of that line, none of them breaking through, and when the line was hit it has bounced hard, as I'm expecting to happen on monday... because of this:
This is the 3 year chart showing a test of longer term resistance when we hit 2.5, if this is cleared next week it should run quickly to 3's.
The retrace was super low volume with clear games being played to draw weak hands. I'll be holding into next week looking for 30M + volume.
fark the naysayers
IBN Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held