After I made my post on Sunday about a 1066 target, two other blogs that I read (Idan over at stocktock, and Kenny at http://kennystechnicalanalysisblog.blogspot.com/) came out with the same target. Past 1066 is a 1080 number and then finally 1121 (the 50% retracement). Lets keep watching our trendlines, but in the meantime, lets continue to buy every single dip in this market (being sarcastic here) because...
ITS RALLY TIME!!!
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3 comments:
LOL
well looks like we broke teh 1066... 1080 next?
Let me try to find what everyone's looking at around 1080 level that seems so intriguing. This is certainly quite the rally we have on our hands. Of course there's always the possibility of the 1066 target holding on the weekly and monthly charts. That's what is lovely about technical analysis.
Keep up this fantastic work...
penny stocks
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