Verde Science Inc. (VRCI)

[STOCKCHARTER]

technically speaking AVOE update: BULLISH KEY REVERSAL DAY!
A key reversal day occurs after a long move, either up or down, has taken place. The key reversal day is the pivotal point between an up-move and a down-move, or between a down-move and an up-move.
At the beginning of the day in question the price continues to move sharply in the direction of the previous trend. Since this usually occurs following a long exponential-type move, it appears that the price may never reverse its trend. However, by the end of the day the price has "key-reversed" so that is closes in the opposite direction to that which was indicated at the opening. In an up market the price closes down on the day; in a down market the price closes up on the day. Key reversal days are associated with an explosion of volume well above levels of the recent past and represent an exhaustion of buying power at peaks and selling power or liquidation at troughs. STOCK CHARTER GROUP has identified FEB 10 2010 as a BULLISH KEY REVERSAL DAY for AVOE. all the best!