Check out this chart.
Yesterday it broke through resistance at 7.50 from 4/28/06 ... hit bottom 10/04/06 and has been climbing back to that 7.50 steadily in a nice channel.
It has further resistance at 10.
I bought 1000 today at 7.16 but I think that its probably going to pull back before tackling that 7.50 again...
thoughts ?
Yesterday it broke through resistance at 7.50 from 4/28/06 ... hit bottom 10/04/06 and has been climbing back to that 7.50 steadily in a nice channel.
It has further resistance at 10.
I bought 1000 today at 7.16 but I think that its probably going to pull back before tackling that 7.50 again...
thoughts ?