i think it will rally to 3.5 quick, here, but that will set up a dip buying opportunity
a couple of days later, here, it's an even more compelling pattern
it's easy to see it doubling in one uninterrupted move and then carrying further, to 2
actually, the next uninterrupted should carry to about .50, so a small trade could make money
the down trend that began in April is still in force. it is pressing against resistance at .53 on the hourly chart. well, it would be an early buy short term. another quick dip to .505 would make sense. even then, a clear breakout would be a safer signal. i like it as much as i do because it's an antler pattern (or dragon) (dragon bottom? not a breakout dragon.) since February.
truth be told it looks good for only 10 cents on the next move
