Avitar, Inc. (AVTI)

[k_trader]

After today's close we have a Doji Candlestick formed on support. A Doji indicates that the forces of supply and demand are becoming more evenly matched and a change in trend may be near. A Doji alone is not enough to mark a reversal and further confirmation may be warranted on the next trading day.

A: If tomorrow closes at or above support there is a very good chance it is up from here and we are in full trend reversal. Also the MACD is preparing to cross, that is a very good sign that the bulls ready to take charge.

B: If tomorrow closes below support then most likely we will see those 5's and 4's you mention as we pull back to the 200 MA to test support levels there.

Other than that, I dropped my crystal ball yesterday so we would have to wait until closing bell before I can get back to you on taking that to the bank LOL.

Cheers.