AI
Friday, January 01, 2010 2:54:40 PM
PS: This bottom formation is also very similar to the last bottom @ .0028 and on the last run the REAL volume didn't start to pour in until it proved that it was going to close over the 200MA. Then every penny trader wanted some...
I betcha the majority of the float is locked up at these sub .01 levels now... Smart money will be holding here while new traders try to get in before the string of events that are about to take place. We might not see a significant volume churn until .012-.014 IMO... The intraday charts really show the strength of the trend as well...
I betcha the majority of the float is locked up at these sub .01 levels now... Smart money will be holding here while new traders try to get in before the string of events that are about to take place. We might not see a significant volume churn until .012-.014 IMO... The intraday charts really show the strength of the trend as well...
My posting contains many opinions. So please do your own research and validation.
