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Re: None

Wednesday, 05/05/2010 2:54:39 AM

Wednesday, May 05, 2010 2:54:39 AM

Post# of 5334
Although the P&F Chart has its 3box reversal chart at 0.06. Why? It was the bottom in late 2009 and the resistance in February 2010 and it would be approx. 0.013plus above the 50 days moving average. The question is always, at what level will the MM,s turn around and stop selling out of inventory. As a remainder what could happen one should study the period July-October 2009. The stock rose then from 0.026 to 0.41 on heavy volume, whereas the weekly volume above the 50weeks was the highest. Could be fun