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Re: Million shares post# 87408

Sunday, 04/13/2014 1:46:52 AM

Sunday, April 13, 2014 1:46:52 AM

Post# of 102667
Support level for DGRI interpreted differently by all. Million Shares has it at .001 and others at .002 and in between. Fast day trading chart settings indicating some interpreting essentially no real support and could be as low as .0003.
Of course, other factors besides charts are taken into account and can override chart indicators at any time for any amount of time.
It would be good if this happens because the support indicators no matter how they are read basically do not look very good at the moment.
Even at .002, if that is actual support, and that is debatable, there is no momentum upward to take it much higher than that unless DGRI was oversold and a retracement bounce would happen, yet it doesn't seem likely with the amount of shares that it is oversold, and unfortunately, looks more like the end run nearing bottom of a simple pump and dump starting last week.

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