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Re: None

Tuesday, 05/12/2015 1:18:59 PM

Tuesday, May 12, 2015 1:18:59 PM

Post# of 174130
We're right at a point where some feel it's resistance....the 50 MA on Weekly chart. If so, we could see plenty of sellers show up between .006 and .0062 all day. But.....get past there today or tomorrow and we could pop to .0074 w/ one more push. If highs were hit and we "pause" again, .005 will hold then make way back up.

.006 needs to crack w/ volume for it to become support. What ever is on the horizon (FDA, share structure improvement, etc...) we may see this bounce around again for hours/days before running again. We'll see.

I like the psychological level of .01 for any kind of profits but even then it can be very short lived if big news comes. Being out is more a risk than holding pull backs.

I added 3 times. 1st bought .0006 then .0021 on pull back from .0048 and .0049 yesterday end of day. Looking for at least .01 to remove cash outlay and ride the rest if we spike.

I love to average up on longs....means I'm correct.....at least so far.

GL

Erik
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