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Post# of 704019
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2r2d2

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2r2d2

Re: fabian post# 637071

Friday, 11/13/2009 5:11:54 PM

Friday, November 13, 2009 5:11:54 PM

Post# of 704019
GFRE. Note the increase in volume on the latest downleg and bearish divergence in RSI lower low while stock price slightly higher low. I would not buy it here. 50 day moving average currently at 8.04 is rising from below to support the stock. In the best case scenario it should just sit here and consolidate on low volume until 50 day moving average comes up from below. If it breaks 50 day moving average on high volume then it goes to about 6-6.5 congestion area.
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