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Re: mypennies post# 36105

Wednesday, 12/09/2009 2:52:10 PM

Wednesday, December 09, 2009 2:52:10 PM

Post# of 135272
Yw mp, Chart is forming a wedge pattern if you snap a line along the tops from .0024 and along the bottoms from .0006 it forms a wedge.
Looks like it's bottoming out here at .0008 Accumulation / Distribution hasn't changed that much which would indicate that a lot of traders are still holding on here.
It might still trade sideways here for a while, but it looks like a good entry point here in the trip z's.