If the recent share price history from June of 2009 repeats itself, then Probe is headed to $6.55.

The analysis is based on price performance once the shares clear the 50 week moving average line to the upside. In June of 2009, upside action cleared the 50 at 17 cents resulting in a move nearly to 70 cents, about a 400% increase. In August of 2010, again, the 50 week was cleared to the upside at 40 cents and the result was a move to $2.35, a 600% advance or so.

Recently a third event has taken place, the share price has cleared the 50 week average to the upside above $1.31. Will history repeat itself? If it does, good times are ahead for all of us.