Morning gapped down, holding at $0.89, burst up and broke $0.91 at the last hour.
Gap closed on daily chart!!! Bullish signal.
Uptrend resistant meets big volume at $0.975.
That should be the a stong resistant on 9 Jan 09.
After that is $1.00.
Big volume at $0.94 and $0.95
$0.955 8.4m done on 7 Jan 09. Very fresh sellers waiting there.
Got to clear this bunch before moving up further.
Strong support at $0.92 and $0.915
Could be pretty violent trade on 9 Jan 09.
Buy into weakness, sell into strength should be the strategy for this counter currently.
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