Monday, March 13, 2006
Advance Holding as requested by Anonymous
On 8th March 2006 a hammer was formed with tail support at $1.06. An inverted hammer was formed the next day and then a bullish belt hold on Friday managed to pierce thru the $1.18 resistance level as shown by the red dotted line in the chart. However, price failed to close above this resistance line and ended the day at $1.16. There is a high possibility that a retest above $1.18 will happen today and proceed to advance to $1.21 and the all time high of $1.22. Immediate support is the hammer tail at $1.06 as shown by the bold dark blue line in the chart.
# posted by Cherie : 8:05 AM
