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Post# of 346545
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senrex

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senrex

Re: None

Wednesday, 05/19/2010 10:36:21 AM

Wednesday, May 19, 2010 10:36:21 AM

Post# of 346545
FWIW Department:

The 100 day simple moving average has crossed the 200 day moving average on the daily chart. The last time this occurred was in early April 2009 when the share price exploded from around $1.90 to more than $5.50.

I hesitate to post this because if the markets crash today, don't be surprised to see $3.60 real quick (the 50 day simple moving average).

The 100 day simple moving average is $3.35.

Thought this might create a context for the price movements in these volatile markets for those of you who don't follow charting or technical analysis.

Sean
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