Consolidation Breakout Setup.
Caution: This trade is highly speculative, adjust your risk accordingly.
This one has been consolidating nicely with spurts of volume.
It's also had 3 attempts at breaking the 27c resistance, and we know what
normally happens on the 4th attempt!
Add to that the divergence on MACD just below the zero line.
a break of 27c should see price move up sharply.
For the more agressive, perhaps a "Mickey" entry @ 23c?
My plan is to grab half at the Mickey entry, and the other half on the 27c break, if it happens.
Stop loss: A close below 19c.
Disclaimer: The above mentioned information is my opinion
only, and NOT to be taken as advice as i am NOT a licensed
advisor. Caveat emptor.