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Re: Dog_Walker post# 18347

Friday, 06/04/2010 12:28:21 AM

Friday, June 04, 2010 12:28:21 AM

Post# of 172990
The "gap" was from .0039 to .0043 From April 30th to May 3rd (weekend) and this gap was closed when we hit our low of .0038. The gap has been filled and I have combed through the chart and there are no other gaps that need to be filled below our current point.

My opinion is that we had a fake breakout or a false start when we rallied to .0067 from .0038. We are now in the process of coming back down to confirm our support area which is .0042-.0038 and hopefully we hold it so we can make another attempt at breaking out :) If we start to see some upward movement tomorrow we have just confirmed support a second time and are building a launching pad to really break out and leave the sub pennies behind. It may still be a few weeks before that happens. Maybe the commercial will be the catalyst.