FreeSeas Inc fka FREEF

[Chance]

buying volume has been increasing...

the past couple months as the price reached new lows
with every passing day .. and buying starting to increase
gradually beginning around .07/seven cents while still dropping
and increased more each week as it reached the low just below .01/a cent

those who never bother with charts .. volume is the first thing to note
and look at the pattern of volume increasing beginning a couple months ago
while the red is selling volume(capitulating) the brown is buying volume
and while both have been increasing since around .07 .. buying has increased more

there are other indicators noting some changes developing in the patterns
and in my view not taking into account fundamentals of The Company
in my view the technical indicators show bulls starting running

*note .. the volume increasing gradually the past 2 months

*also .. the 3day/av on the 1st picture could keep moving up to the 20day/av there .. the next major Resistance from there (here) ... to .02/two cents .. and possibly more for the day on the next flight up from here .. and with the very large increase in buying volume the past 2 days .. that makes it all the more likely .. though nothing's for sure

some patterns > http://stockcharts.com/h-sc/ui?s=FREEF&p=D&yr=0&mn=6&dy=0&id=p62605642509

http://stockcharts.com/h-sc/ui?s=FREEF&p=D&yr=0&mn=6&dy=0&id=p57793187702

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