Resistance zone at 96 to 99c (previous high, as well as from previous year). Clear after than, till $1.17.
What prevents me taking a position?
- market direction unclear.
- Ideally I would like to see another peak, so a clearer resistance-trendline (triangle) can be drawn. But this stock has not historically behaved like that.... too jumpy, short consolidation periods.
- Possibly buy on clearer market direction and 4-red/1-green.