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Re: gail post# 16197

Thursday, 05/15/2014 12:25:42 PM

Thursday, May 15, 2014 12:25:42 PM

Post# of 30964
What i find odd is the lack of volume for a company with 800M in the O/S, this stock moves on nothing which means that the owners must be holding a lot of shares, this is a good thing as it reduces the potential for a RS as they already have a large percentage of the O/S.

Other than that accumulation has remained high, RSI has been hanging around 60 and MACD is hugging a crossover. To me that is what will send it over is the crossing of MACD.

But, regardless the daily chart looks great IMO and support seems to keep raising with the 50SMA, so we want .0035 to be the bottom today and close above .0042