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Message: Technically speaking

Technically speaking

posted on Jan 14, 2008 06:32AM

Technically this stock is behaving in a very positive way. Look for higher lows on profit taking, followed by higher highs. We have just seen the stock pulled back from it's recent high but only as far as .11c.

Now it is moving forward again and I'll be looking for a higher high. I think .15c would be a good estimate, before another pull back. The thing that will change this very quickly of course is any major news updates (either positive or negative).

With a market cap this low it does not take much to push the stock either way.

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