Get Smart Charting and Analysis

[Get Smart!]

Analysis of current lock down plays:

CDIV MM's are continuing to dig a deeper hole and with low volume they take the opportunity to take the price down on small share hits to the bid. My suggestion is take advantage of the cheapies and hold for the big payday.

GRNO Yesterday with the bid hit of .30 (which if you were watching level II was a joke) the stock had a 50% retraction off the .60 high. I say it was a joke because the bid at the time was .32 and I had a buy sitting at .305 only to see, if I remember correct, 275 shares go off at .30. I originally thought that .37 (38.2% fibonacci retraction) would be our low but MM games just mean more cheapies.

EIGH I had a feeling that the MM's would try and fill the gap @ .0759 and now that we hit .081 I see no reason to think that they won't try. With that said we have support @ .072 and I don't see it spending much time down here.

All in all the bottom line is take advantage of these low volume dips and add as much as you can. Make no doubt about it all of these plays will take off in due time so a little patience will pay off in the long run. IMHO

Good Luck