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Re: trader_rik_14 post# 32499

Friday, 04/18/2014 12:20:16 PM

Friday, April 18, 2014 12:20:16 PM

Post# of 69767
Well the fact is I even slapped the ask at .013 the day of the financials.

I did think it was going to run higher. I thought it was going to run straight up to .02+

but it didn't. and then I noticed the next day the price started trending away from the bollinger bands, and the next day after that, the price trended under the 5 day moving average. SO I made a decision to sell some shares and take profits. Now the 5 day moving average is in position to either turn up or down. Could go either way from here. But I am guessing that the stock touches the lower bollinger band before bouncing back up. Just my technical opinion.


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