AI
Thursday, December 31, 2009 11:07:14 AM
this current support is essentially a double resistance point both from april and june...so it makes perfect sense.
Of course, now is a very different time than april - july, so much different results can be expected in the stock. I have to believe that with the 2nd gen commercial pbr ready for sale, that we will shortly be getting some solid news from the company that will be moving this stock, which then leads to new buyers and down-players re-evaluating their positions. 5 months of this is pretty much a maxed out situation so next has to be a nominal reversal. There's no real other choice in these situations. And that adjustment by itself will create a big buzz A little more patience is what's required here.
FYI guys today is a full trading day also...
Of course, now is a very different time than april - july, so much different results can be expected in the stock. I have to believe that with the 2nd gen commercial pbr ready for sale, that we will shortly be getting some solid news from the company that will be moving this stock, which then leads to new buyers and down-players re-evaluating their positions. 5 months of this is pretty much a maxed out situation so next has to be a nominal reversal. There's no real other choice in these situations. And that adjustment by itself will create a big buzz A little more patience is what's required here.
FYI guys today is a full trading day also...
