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Re: MARKETEDGE post# 10085

Wednesday, 07/16/2008 10:20:59 AM

Wednesday, July 16, 2008 10:20:59 AM

Post# of 32583
Look at 1hr chart and think about the bigger picture. I would have to disagree with that one guy (I forget his name) who drew a downward trend line starting from 0.06 through 0.04 and ending at 0.03. Anyone can draw lines on graphs using Microsoft Paint, but does that even mean anything?? I think his claim was that UVSE could not break this line, but is there any kind of technical analysis metric that would support what he said? In my experience, I don't think things work as ideally as one thinks, especially with stocks pending news. UVSE can easily break 0.03 and 0.04 on a strong PR release about Lone Oak.

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