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Chiron

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Chiron

Re: Come1Kamal post# 11586

Friday, 04/09/2010 1:57:19 PM

Friday, April 09, 2010 1:57:19 PM

Post# of 16651
I agree and disagree. You are correct that OTC and Q stocks can move out of the blue - but we are not in oversold territory. We are in a tight range consolidation, the .14 high was a wick not a full solid candle. At .09 we were slightly oversold and corrected to .11 again.

That being said, typically a move north will occur in this situation based on technicals.
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