Breaking through .65 is key today.
Every day this week we have seen higher highs and lower lows while the stock rides the upper bollinger wave.
Looks a little overbought but I think the downside might be short lived if support remaiins at .59
I still think we need a little consolidation but as others have noted
an announcement will kick this stock off the charts so I'm willing to throw caution
to the wind here and be long with short medium long term trades.
would like to see us open into selling with support and then move higher opening on a bounce will only invite more selling and I'm notsure how strong teh support will be when weaker hands start to fold
Good luck to all today,