just another thought, i know that ballistics isn't an officially recognized form of technical analysis, but i have applied it in the past, just for fun, to reasonable effect.
i am thinking that THIS particular stairway to heaven (BTW, can i trademark that expression?) is alot steeper than the last, which could aid in the chart actually penetrating the upper boundary of cloud cuckoo land.
you know,
too shallow, skim off the resistance and fall back down;
too steep, pierce the resistance but lose alot of power, and subsequently drop back down
but if just right, the chart should escape the bounds of gravity, crack the shell, and then settle in orbit ABOVE the roof of cloud cukoo.
well that's my theory, anyway...:)
RHM Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held