To All,
Not much positive activity since my last post. Low volume, narrow price movement, no positive follow through since my last post.
Upside resistance is $3.875 and then $4.00. Downside support is $3.375. Most short term indicators are neutral to negative. Simply no convincing technical arguments for upside or downside movement, the price could break either way, up or down. For short term traders, if the price moves up through $4.00 with convincing volume, add to you positions. On the other hand, if the price moves down through $3.375, sell.
Harry |
