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Re: avdave post# 3232

Friday, 07/23/2010 12:08:16 AM

Friday, July 23, 2010 12:08:16 AM

Post# of 24405
That is a relative concept...suppose the price were to spike to $0.50, pull back to $0.35, consolidate for a few sessions, and then only jump to ".40 before the R/S".

It's all a matter of perspective. For instance, the weekly chart nor the monthly chart will show the share price to be "overbought [...]If it gets to .40"