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Tuesday, 10/28/2014 5:31:30 PM

Tuesday, October 28, 2014 5:31:30 PM

Post# of 9913
Visible movement now in the daily chart pattern....

from the past 3 weeks , we can now see a series of lower highs and lower lows, and the support zones, around 85-81 are in play...but I suspect the time has come for another short attack to test the stop loss targets that would be placed below 80 cents....it might trigger a falling knife in the mid 70's ?? what would be a good guess for a stink bid now....?? 78? 76? 74 ?

I have mine at 78 now...maybe I should change it to 75.

The downwave flow this week, has gotten whacked at the key moving averages around 94 cents, made a fail to hold in that price area today, the downward pressure looks like it could generate some force now....all we need now is a clever timed AF Tweet to take PVCT plunging thru the stop loss targets below 80.

Of course, Its possible the 82 cent support zone could hold, and rally again from there. but its also possible the manipulation game of the short attackers could jump on the Tweet machine and propel a short attack right when it would work . as designed.

My bias is neutral here, but my level of Distrust remains high.
The news is always encouraging ,but the short attack campaign is always vigilant. Times of vulnerability,like now, are worrisome.

A short attack now could trigger the stops and take PVCT into the 70's.

That might make a stink bid to catch the knife around some educated guess in the mid 70's maybe? which might bounce very sharp right back up into the 80's.

I'll set mine at 75. watch it bottom at 76 and I'll miss it by a penny.so I'll set it at 77....in which case, watch it plunge to 72 and I will have bought too high....lol

so its a zone. 77 is in the middle area.

It looks on the chart like these daily candles have moved about 10 cents in a day's move....so maybe when the trigger moment comes....85 cents can plunge to 75 cents. that sort of thing.

http://stockcharts.com/c-sc/sc?s=PVCT&p=D&yr=0&mn=4&dy=0&i=p31875365901&r=1414531761386
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