Followers | 21 |
Posts | 3415 |
Boards Moderated | 0 |
Alias Born | 12/18/2007 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, June 13, 2009 12:32:17 PM
Looking at the weekly chart because they produce the largest and more powerful runs we had a significant breakout. The flag pattern that you see formed has taken place over the last year and a half. That makes any breakout with volume significant. That is exactly what happened Friday. I would have liked to of closed higher, however a close above .01 was crucial on the strength of this move. I have two ways of looking at this chart at the moment, either the flag breakout or the double bottom. Either way .013 is our next resistance, a close above that would mean a run to .05 is on the way. On any pullback I'm looking for the top trendline to hold.
http://screencast.com/t/Ownssufc
"A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank."
Ron Paul
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM