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Re: 10thMountain post# 43467

Monday, 09/29/2014 6:44:25 PM

Monday, September 29, 2014 6:44:25 PM

Post# of 47295
Actually just spent a few minutes on a long term, investors chart and have come up with a Heads & Shoulders pattern target of $2.70. If this basing area doesn't hold, I'd expect the $2.70 area as a long term bottom. Not the 2.45 gap.

I'm not saying the short term basing area we discussed has ended with todays move. 2.90 to 3.10 area, could still hold and be that bottom hoped for. On the 2.95 mid term channel pattern break down target being reached. But if todays move south continues, on increasing volume tomorrow, I'd expect $2.70 next.

And if 2.70 is true bottom. It's to late for my get even plan to help now. At any rate keep that post in your back pocket for the next time.

Good luck

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