If NOT can close above $1.94 today next stop will be $2.11
$2.11 is the only significant resistance point in the short term...then $2.50
The close above $1.80 yesterday completes the double bottom reversal so $1.80 now becomes support.
"Price Target: The distance from the resistance breakout to trough lows can be added on top of the resistance break to estimate a target. This would imply that the bigger the formation is, the larger the potential advance."
$1.71 - 1.81 so target increase was a mere .10cents.
Hmmm...blew thru that is am, good volume as well, very nice indeed.
Makes $1.91 todays support and triggered buy/long recommendation to anyone using technical scanning software.
Looking pretty good in my view.
GS40