Overhead resistance is caused by the selling of shareholders fed up with a stock, who are eager for a chance to get out even. The longer the passage of time, the fewer the shareholders that are left that are trying to get out even. One should question the credibility of an overhead resistance this old
If anyone is fed up with this stock then they have to be short. I see a side ways pattern till something news worthy comes out. The fact that after such a rise we don't see more traders pulling out is hard to believe GL2ALL Mike
I haven't seen anything on the historic chart over 16.40, My bad if it went over! But, my point was there is a value that extends the current level and I see it will retrace to the all time high and will break thru and we will see this go much higher!