InvestorsHub Logo
Followers 40
Posts 7908
Boards Moderated 2
Alias Born 05/01/2005

Re: MiamiGent post# 6617

Tuesday, 09/24/2013 6:04:37 AM

Tuesday, September 24, 2013 6:04:37 AM

Post# of 6632
Morning MG,

Thanks for stopping by.

RSI14 on the daily chart is at 30.25 parallel to the 30 and did not drop below 30 yet. Unless there is a negative article from "Seeking Alpha" it should be close. Today should be a telling point. Had an uptick in volume to me seems they thought near bottom.

At this moment 'imo' there is no definite indicator to show bottom and a turn around it does look CLOSE. May regroup here in this area made one drop through the $5.90 and if it goes further may consolidate around $5.75 or what seems to be a resistance level. Unless the 'natives' are skittish do not think it will see the mid $5.60...............and I could be wrong. Usually am! LOL!

My verbosity is only exceeded by my ignorance!!!

Take care.........pilgrim

A bumble bee is considerably faster than a John Deere tractor.

I don't suffer from insanity-I enjoy it!

Never invest in a stock I post or discuss unless you can afford to lose your entire investment.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.