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Thursday, June 10, 2010 8:51:45 PM
First thing, RSI is about to peak and if it has not peak (RSI 88), it will peak sometime tomorrow morning when it is push to .0032 to .0035. My hope is that it does not gap up and to keep the RSI under 90.
Secondly, it is Friday and day traders and flippers will be exiting for the weekend and we will lose some support.
I own 1.6 million shares so I am not bashing, just being a realist.
I think SSWC will need to take a breather for the next leg up and finish around .0023 to .0027. Good luck to everyone and remember to BUY at the ask and SELL at the ask to keep SSWC going towards pennies land.
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