Monthly chart shows price to be stuck in consolidation range since July 2002. Currently, price is below all moving averages. The last 3 months has found short term support at the $3.77 level. 
The weekly chart shows a smaller consolidation range, with $4.63 area as current support.
Daily chart shows consolidation. Consolidation is a possible wave 4 for 1 more higher high as wave 5. Upside tgt for wave 5 is in the $6.00 range.
No clear pattern present to indicate whether bulls or bears are in control. On a daily and weekly basis, there is small upside bias currently. IF $4.63 support breaks, look for test of current low at the $3.75 level and possibly lower.
Tuesday, June 26, 2007
PACT Analysis for 06.26.2007
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