South Financial Group Inc. (TSFG)

[Long-vestor]

technically we smacked the first downward trend line Friday, broke through it and then back tested that break and narrowing into the next by close today or tomorrow. a .40 will break that line today, or just .39 by close...

If, whoever's been short selling it at open for the past 6-7 days has stopped, ought to begin back to that climb of ,, previous support .44 which might be a resistance now..

can't find a reason for a short sale except, somebody expecting the Dec 10-Q to put further downward pressure on it..

however, it's due in March.., and most times that means people will be buying expecting a positive sign, or just to dump any upward movement on that 10Q file date..

Got a little toughy here.