News Focus
News Focus
Followers 410
Posts 38418
Boards Moderated 4
Alias Born 08/07/2003

Re: C C post# 83618

Tuesday, 04/21/2009 11:09:57 PM

Tuesday, April 21, 2009 11:09:57 PM

Post# of 90704
It's getting better volume than it did when it wandered around in the 2.40-2.80 level back in late Mar / early Apr, but two of the last several days (Fri and Mon) were down days.

Money flow is diminishing, and the way I read the ADX is that buyers are getting scarce as sellers are getting plentiful.

That said, imo if the pps gets above the 10dma @ 3.41 it would seem likely to retest the $4 - $4.5 area. Not a bad play.


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today