OK, are there any technical traders out there, possibly lurkers?
I never invest using technical charts as a guide, I prefer fundamental
analysis. However after being firmly entrenched I find the charts do
have a fair rate of success, once the extraordinary events have
cleared, such as this case. If I am correct I believe Cayn is trying
to form a triangle, which is good, therefore taking us to the $3 level
for support and trading to $3.25 for the resistance. This of course
is taking in to account that we break $3. Once again, if I am right,
I see this happening somewhere around April 10. After this the numbers
will take control and depending upon those numbers, we could get a
new rise, or fall if they miss. BTW I am looking for .03 a share,
minimum. So does anyone out there see differently, or have a view I
have not touched upon, let's hear it.
Best to all
Henry |
