$TPAC Thanks, Jeff. You are definitely right about the upper band dropping into us as well. With the lower one rising, it's going to be easier and easier to break the middle band, despite what today's action is showing(at least at the moment). The bands are most certainly pinching. The confirmation of purchase order delivery and/or other updates from China will likely get things moving again. And as you mentioned, technically, when pinching, the explosion could go either way as the bands open. Provided Bill delivers on his word(which he has been very consistent with), the explosion should go in our favor.
I would guess a good portion of the walls we see are there to create a glass ceiling. Once there is a bit of ask buying at .0032, it will only take a bit of solid buying to take it out, or for the trader(s) to pull it off of .0033. Guess we'll see.
I would guess a good portion of the walls we see are there to create a glass ceiling. Once there is a bit of ask buying at .0032, it will only take a bit of solid buying to take it out, or for the trader(s) to pull it off of .0033. Guess we'll see.
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