Question for TheChartGuru on EAR

[fzdhzaew60]

TheChartGuru I would like your opinion on EAR (HearUSA) it's @ 1.75 .
I see that they are finally making $$$.
I had this years ago... picked it up then for 1.07 and sold at 7.65, it was a nice trade.
Do you see much upside on this puppy?
Thank you in advance...and I enjoy reading your posts. :wink:

[gasxzgrj18]

Right now EAR appears to be toppy. There is strong resistance at $1.77 and at $1.86. It has 2 hurdles to jump over before it can take off and thats alot to ask. I think it will likely pullback to $1.68 and get a second wind. There was huge volume today. That's a good thing, but there may be profit taking tommorrow.

The Guru has spoken

[ffdjixto49]

ChartGuru, am I right in assuming/reading that the support (strong) for this is around 1.60?

Like I said, trying to learn some analysis and candlesticks. Hope this is not a bothersome question. Thanks.