Things are looking out for my favorite token good old red pulse Phoenix. We're currently watching the Phoenix emerging from the ashes to be reborn anew. We have been waiting for this break above resistance for quite some time. The wedge has finally been broken on this one day chart. I would not sell you guys a dream and say that we will take off immediately however I would expect to see a nice candle push above the resistance tomorrow and to retest this general area sometime in the short term.