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Monday, October 03, 2011 4:54:00 PM
Since BlackOp is busy today I guess I'll post these with my interpretation for you all to take a glimpse at.
Here is the chart containing candle sticks for the past month with the exponential, weighted, and simple moving averages. You can see that today and Friday, shares of DUSS were highly oversold and the majority of our consolidated holder base the past few trading days have been between .0075 and .015. Prior to that, our consolidated holder base and support was hovering around .002-.005. We had a run up to .018 last week and the move back to a new support level is much needed if we are to reach and break .02 as many people are looking for in the coming week or so. Without consolidation, a run will always decline and usually reach it's original point. The fact that we did not hit .005 and below today shows strength in the DUSS holder base and the resistance to letting the PPS drop to price levels prior to the uptrend.
Next up is a chart that shows Bollinger Bands and Keltner channels for expected price ranges, critical highs for runs, and critical lows for triggering sell offs. The actual expected price range for this much selling pressure today according to the Bellinger Bands (light blue line) was .006-.005 and a break in the .012 resistance (upper red line) would have theoretically led to another increase in buying pressure. Also, the green and red styled candlesticks show that we have had significantly more buying than selling lately and that for every 3 days or so of buying pressure we have 1 day of heavier selling than buying. DUSS, to me, just appears to be following its trend and repositioning itself for another run.
This of course is all my perspective and interpretation of the matter but hopefully some of you will find this useful. Remember, there is no such stock that only goes up. Let the bashers do what they need to do to relieve their boredom and pent up frustration; stocks go up and down and a regular basis and DUSS held out much better than expected at it's current level and volume anticipated via technical analysis. Best of luck to you all the rest of the week!
-Phil
Here is the chart containing candle sticks for the past month with the exponential, weighted, and simple moving averages. You can see that today and Friday, shares of DUSS were highly oversold and the majority of our consolidated holder base the past few trading days have been between .0075 and .015. Prior to that, our consolidated holder base and support was hovering around .002-.005. We had a run up to .018 last week and the move back to a new support level is much needed if we are to reach and break .02 as many people are looking for in the coming week or so. Without consolidation, a run will always decline and usually reach it's original point. The fact that we did not hit .005 and below today shows strength in the DUSS holder base and the resistance to letting the PPS drop to price levels prior to the uptrend.
Next up is a chart that shows Bollinger Bands and Keltner channels for expected price ranges, critical highs for runs, and critical lows for triggering sell offs. The actual expected price range for this much selling pressure today according to the Bellinger Bands (light blue line) was .006-.005 and a break in the .012 resistance (upper red line) would have theoretically led to another increase in buying pressure. Also, the green and red styled candlesticks show that we have had significantly more buying than selling lately and that for every 3 days or so of buying pressure we have 1 day of heavier selling than buying. DUSS, to me, just appears to be following its trend and repositioning itself for another run.
This of course is all my perspective and interpretation of the matter but hopefully some of you will find this useful. Remember, there is no such stock that only goes up. Let the bashers do what they need to do to relieve their boredom and pent up frustration; stocks go up and down and a regular basis and DUSS held out much better than expected at it's current level and volume anticipated via technical analysis. Best of luck to you all the rest of the week!
-Phil
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