Right, What lance is saying is that whenever there is a spike the share price should fall back down but in the fall it reaches a new high each time.

So when this goes sideways at .70 then we get a spike and drop, it should drop only to say .80 and with each spike we work our way up. that is a solid foundation.

So in effect the day traders could make some and the  longs will see a steady increase in the low of their share price which in time will be a few $$ a share.........:)........DON