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Thursday, 04/29/2010 7:10:09 PM

Thursday, April 29, 2010 7:10:09 PM

Post# of 44027
"" Chart Talk ""


The chart is a little screwy, because of them fat finger trades, but it still is a thing of beauty..Today was officially a break out day for LCRE..From the opening to the close it never traded below one tick on each level it reached..,from .0011-.0018...Confirmation was the big V 830M+...This stock is now liquid which is good to allow shares to flow in and out smoothly especially bigg dumps..Volume has increased from 71M+ - 274M+ and that's from 4/1/10 - 4/29/10.. 287% increase in nearly one month..The 50MA & 100MA have converged today creating a golden cross which by itself is a Bullish indicator..,and both MA's are curling hard upwards^...The 200MA is still sagging and is diverging on the 50MA & 100MA, and will I dare say we may see a rare platinum cross in the future...The Mac D Men are growing daily up over .0002..,another Bullish indicator...RSI level is in the power zone at 84.27 with more room to go...Accum/Dist level is not accurate because of the fat finger trades..I would put them at 2B+...The next resistance level I see is at .0022 I know Claytrader did'nt mention it, but it's there with a double top 9/2/09 - 09/3/09...,which btw is attainable on tomorrow..Next in line would be .0026..,with these two resistance levels so close together they can be crushed easly with bigg volume on tomorrow....After these two levels we will be in blue sky territory and the sky would be the limit....IMO I'm sticking to it....

""Having $$$ Isnt Everything, But Not Having It Is""..Pimping Wallstreet Anyway I can..







"Its Hard Out Here For a Wallstreet Pimp"

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