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Thursday, 06/25/2015 11:13:03 PM

Thursday, June 25, 2015 11:13:03 PM

Post# of 50725
After watching Clay Trader's video and looking at the chart myself here are my 2 cents, Yes a large gap formed on this chart that a stock crashing would look to for a chance to stop the bleeding. However there are NO open gaps on the chart (mainly because OTC doesn't trade after hours, but sometimes it happens) and I think the news is TOO BIG for it crash to the lower support level. If it does fall down to the first support level via taking out stops I think it will Immediately bounce back and go beyond the days previous highs leaving all the stop players out for larger gains if they are not paying attention. Big Money is looking at this now and they want it low down here.
The 200 day MA is at .2519 and I see that as the first major hurdle. Chart players and profit takers will pay attention to this but if it blows past it look out because everyone and their grandmother will be off to the races chasing new highs.

Good luck tomorrow everyone!

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