Tuesday, July 20, 2010 2:40:43 PM
As volume picks up there could be a huge pop so hold on to your shares and enjoy the ride.
1. RSI and Williams charts show EVXA is very oversold. This is a bullish indicator which means a price correction is expected and PPS should increase.
2. Full STO chart lines have crossed and now indicates a BUY signal.
3. Trix has also crossed lines and is up ticking. This would also indicate a BUY.
4. Yesterday's candle was a spinning top on key support indicating a possible trend reversal. Today's white candle is confirmation for reversal and we should see a new up trend.
5. Cup and Handle formation seems to have completed its pattern. This is a very bullish signal and could indicate that our breakout is finally here.
6. Double bottom pattern is still in play. Once we cross the 0.025 resistance point, I expect the Gap to be filled as the price continues to retrace.
GLTA
We simply attempt to be fearful when others are greedy, and to be greedy only when others are fearful - Warren Buffett
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