"Remember technical's on venture issues like Plexi are just short of meaningless, especially at our stage and will remain to be rumor and event driven. HeII some of us count on the followers to make decisions on techicals alone and as a result mess with the trade to force a move."

What you're talking about is emotion. Simply put, charts help to visualize that emotion. What did you think they're were reflecting? They aren't perfect but fortunately for me, they're more reliable than "next week."

Chart is updated.