Cambridge Technical Analysis (19 May 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has no strong movement since last two weeks. If the uptrend continues, it may hit $0.63 which is the next resistance point..

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are very high which might it is not a good buying opportunities.

My Target Price:
My first target sell price is $0.66. My second target sell price is $0.72

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.