Asleep at the Wheel

[rich pearl]

EXAD notes

i've never had any success embedding the charts from profispi in my posts, so the link below has to serve instead.

http://www.profitspi.com/stock-chart.aspx?id=exad&ca=1751546066

what does it show? well, it shows a stock breaking out. all the indicators have turned north, and there was a parabolic buy signal this week. on Friday this closed outside the top bollie, with two white candles, and the 5 and 10 day moving averages are both above the 20ma. this is the setup for a near term run. the 20ma, currently at .0022, crossing over the 50ma, now at .0029, will confirm a continuation of a longer term run. hazarding a guess, i'd say that this early golden crossing is due by the end of this week, perhaps even as soon as Wednesday.

there should be very strong support here around .0028 -.003. resistance -- it should be futile; it will be Borged -- starts at .0038 and runs to .0043. a full blown breakout is bid over .0045. i look for this to see anywhere between .005 and .007 shortly.