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Re: OTCdoc post# 1109

Tuesday, 09/09/2014 9:08:25 PM

Tuesday, September 09, 2014 9:08:25 PM

Post# of 5118
Sorry I can't PM but to answer your question I see some here at 75 and then down at the 55-60 range. But the reason I think it will go to 60 at least is as follows...... Usually when a stock is running it will ride its 10 ema up, bouncing on the bottom off of the 10ema and then to the upper bolli. As it gets weaker it starts bouncing off of the 20ema below the 10 and doesn't really make it all the way to the upper bolli anymore. At some point pps crosses below the 10,20 and 50ema. Usually after a couple of days below the 50 ema that means it's on its way to the lower bolli on the daily and will bounce off the 10 on the top and the bolli on the bottom. This happens really slow in big caps but fast here. There is support at 75 because of the 4 weeks of resistance there but since we have held below the 50ema for a couple of days and macd and the ema's are starting to cross down I think we may be going to 60s. If it does go to 60 I think it will break support there and then pop up above it. The biggest play used in all stocks is to teach you where support and resistance is and then break it, only to have you buy or sell shares just to see it go the other way. Happens a lot in bigs. But who knows, just my opinion from experience. Anything could happen.... Just posting this could change things. The whole point is to trade against the public and these boards are monitored by mms so where ever it's generally conceived that there is support they will usually mess with it in those areas.

The content of my post should never be taken seriously or considered when making investment decisions.

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