Valiant Eagle Inc (PSRU)

[Scoutmaster]

key areas to look for today:

I am going to use the 30 min time frame for the SMA's.

The closing price yesterday was even with the 5 and 10 time frame @ .0084 which was a 'neutral' close.

The 20 has leveled out and is going sideways @ .0093.

The 50 is still on a 'straight up' path @ .0065.

So yesterday was a classic 'pause' in a start to an uptrend. There could be trading in the range of .0093 to .0065 and all is still 'neutral'. We want to keep an eye on the 20 @ .0093. We will want this to stay sideways and not turn down. Any consecutive closes for the 30 min time frame above this will be considered constructive to the uptrend and will probably be met will much more buying action.

If there is a turn to the downturn of the 20 and in conjunction with a close below the 50(for the 30 Min.)...that would not be good for short term.

All my opinion only.

Good luck!

SM