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Message: Hitting that second resistance area....

By my read the first resistance area was in and around $2.20....the same area we hit in Janurary before pulling back.  When a stock climbs to a certain level and falls back (especially on larger than normal volume) that area can be viewed as a resistant point.  We got through it though...and as I remarked earlier I figured the next resistance area to be around $2.40 to $2.50 because we hit that level on heavier than normal volume in October.  

If we can bust through this resitance area and get over $2.50 then I would assume the next resistant level to be somewhere in and around $3.......And if we manage to get past that?  Then I think its Katie Bar the Door time.....I'll wait to see if we get past $3 to try and determine what comes next.

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