gloomy buTT says .40, being a 100% gain from the low, is natural resistance....and stuck bagholders from that gap down 12 trading days back is sure to send this pos back down to a double bottom at least
gb says it is extremly oversold and will go to the 62ma and likely the tunnel above that....
that's the good thing about having an alter ego....i'll be right no matter what....hehehe
There does't seem to be that many bagholders there if you look at the volume on those buying days?
I think you are right that it will go to the 62ma and tunnel above that...
I went back and looked at it and still feel convinced the brk of .499 will come and on up to that minor resistance at .73 area. Not that much buying in that area and with the increased PPS last couple days not all would bail out but would let greed set in to realized some profit ?
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