MONTHLY 5JUN2016 – Monthly 29MAY2016 – Monthly 22MAY2016 – Monthly 8MAY2016 – Monthly WEEKLY 5JUN2016 – Weekly 29MAY2016 – Weekly 22MAY2016 – Weekly 8MAY2016 – Weekly DAILY 5JUN2016 – Daily 29MAY2016 – Daily 22MAY2016 – Daily 8MAY2016
Still looking for a healthy pullback. Price action on the other hand has not given me a lot of confidence to
Coming into an area with strong resistance ($9.50/70) and a technically much needed pullback would be welcome here. Support area from $8.61/84 with $8.61 of particular interest because that is the high volume day close from ER day (18DEC2015).
Not saying it’s gonna happen but highs/lows have been spot on for 4 months now ! Obviously entering the holiday season now so we might get some deviation but it would mean a run into $12/$13 in January 2016.
Chart and options still point to higher share price. One scenario could be a run into $9.50/66 resistance, then a pullback after which $10.60 could attract.