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Re: XXBROOKSIEXX post# 46981

Thursday, 04/10/2014 11:49:52 AM

Thursday, April 10, 2014 11:49:52 AM

Post# of 57066
There is literally no buying pressure. Almost all the trades today have been bid whacks. All of the support in this range has been broken. There was 3.5M support at 55, that was bid whacked and the base at 5, has been broken. Along with that, the MM's are continuing to push it down further just like yesterday. VNDM is at .0051 and will most likely drop to .005 soon which will then create an MM stack making it a heavy resistance with the lack of buying we're seeing. This may head back to the low 4's if this continues, just a heads up.

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