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Re: asdgwest post# 14847

Thursday, 08/26/2010 1:01:43 PM

Thursday, August 26, 2010 1:01:43 PM

Post# of 26968
Support is still on the 100 MA just because we touched 0.0005 it means nothing, EOD determines if support holds or not. And right now support is still very strong on the 100 MA a tick either direction means nothing LOL.

If you are interesting in learning more about T/A try stockcharts.com they have some good information there that can help you learn how to read moving averages and determine the importance of trend lines. As you said, 2 weeks will tell the rest of the story here.