Thursday, May 21, 2009 11:03:58 PM
MDOR - Today a White Opening Marubozu was formed. The last two candlesticks formed a Bullish Piercing Line Pattern . This is a bullish reversal pattern that marks a potential change in trend.
Clay - what do you use to annotate your charts? Do you use Stockcharts.com or do you have some other software? I've tried to use stockcharts.com, but seem to have Java issues.
Seems to be good support at the 50 DMA, coupled with a support level in the same price range of about $.68 from the previous run. Resistance would appear to be around $1.00 or so. Would you agree?
Mahalo
Makamai
Clay - what do you use to annotate your charts? Do you use Stockcharts.com or do you have some other software? I've tried to use stockcharts.com, but seem to have Java issues.
Seems to be good support at the 50 DMA, coupled with a support level in the same price range of about $.68 from the previous run. Resistance would appear to be around $1.00 or so. Would you agree?
Mahalo
Makamai
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