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Ecomike

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Ecomike

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Re: surf1944 post# 53

Saturday, 03/27/2010 3:46:28 PM

Saturday, March 27, 2010 3:46:28 PM

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I just discovered that americanbulls.com issued a buy this week at $6.30, and a hold on Friday in spite of the near $5 low friday:

http://www.americanbulls.com/StockPage.asp?CompanyTicker=RXII&MarketTicker=NASD&TYP=S

Very interesting. I have never seen their candlestick analysis show a hold after a 20% plus drop. Talk about catching a falling knife?

Could $5 be the low before a 50% retrace, bounce back to $7.50. or at least $6.50?
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