That's an interesting idea, it may be stretching the H&S a bit though. 10 month pattern, multiple peaks for the shoulders... and the $10 distance from the head to the neckline would normally imply a price target here below $5, which like I said, appears to be a stretch.
@germac, Yes i do agree with you, if you look at the weekly its more of a h&s than the daily showed because of the multiple peaks etc. Think itll stay bouncing off that support level though which so far it did. What do you think?
@ntourney777, I'm surprised that it has gone down as far as it has. Maybe I've missed something, but I think the financial statements for the last 5 years show that the company has been improving in just about every way. I hope that Thursday or Friday sees the start of a significant move up, I'd like to buy in.