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Saturday, May 16, 2015 12:47:02 AM
There is an old saying that says let history be your guide. We do know we hit .0040 not that long ago 4/2/2014. Then the next day we finally got a green candle (up day) and went up to .0066 and closed at .0050 on 4/7/2015. Then started selling off again to were we hit a intraday low of .0045 on 4/15/2015. We then rallied up to .0057 on 4/28/2015. Since that close we have selling of back to a closing low of .0045 today 5/15/2015. I brought up 12/29/2015 because that was the resistance level of .0040 as you stated. Keep in mind on the next day 12/30/2015 stock closed at .0045 and had a low of .0037 (which became support). If you go back in nov/2015 and dec/2014 you will see that .0037 was the major resistance level.
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