Posted On: 01/04/2014 7:42:50 PM
Post# of 2559
PROW Weekly Chart ~ First Level of Resistance Hit
Link back to my previous PROW Weekly Chart for some quick comments. The stock closed at .02 which are the highs of April and May. I see this resistance as extremely small as well as the .025 horizontal resistance line up next. Once these two levels are taken out, I'm expecting a rapid rise to the MA100 at .0555 and MA200 at .1355 along with a few other previous highs drawn in as horizontal resistance targets. For now, a PROW move above .025 on volume would almost certainly put into play a test of the 100. GLTA
Link back to my previous PROW Weekly Chart for some quick comments. The stock closed at .02 which are the highs of April and May. I see this resistance as extremely small as well as the .025 horizontal resistance line up next. Once these two levels are taken out, I'm expecting a rapid rise to the MA100 at .0555 and MA200 at .1355 along with a few other previous highs drawn in as horizontal resistance targets. For now, a PROW move above .025 on volume would almost certainly put into play a test of the 100. GLTA
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