Monitoring Support Levels
There are 3 important support levels in this chart. We have support at 11 cents which used to be resistance before the break out to complete the mini bull run. And then we've got 9.5 and 7.5 c. Price must hold above 11 c at all cost or drop down back to 9.5 c. As long as price stays above 9.5 c, I won’t be counting on the price revisiting 7.5 c. By analyzing the hourly chart I’m a giant fluffy bear, but when I look at the monthly chart, I’m one horny BULL.
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