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Tuesday, August 12, 2008 8:59:15 PM
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The 2 line represent that channel that the stock was able to stay in. It did at one point break out of that channel. But we are back in it currently. Support looks to be at .0455. I dont think it will get down to that point. But thats the long term support right now. Had a nice day today. As you guys can see the volume is getting lower and the price didnt fall as much as yesterday. Both great signs. Seems to me all that wanted to sell are about all gone. As for me. I just took my positions at .0483, .0524, and .0595. Looking to add more later. Just a brief summery of what I think is going on with the chart.
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