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Re: discoduc555 post# 93

Saturday, 09/25/2010 8:40:30 PM

Saturday, September 25, 2010 8:40:30 PM

Post# of 482
hey all was away for a while. went higher than i though, then lower... figured it would hold around 2.10/5 but this stock can be crazy with some volume. wish i held longer.

anyway yes gap mostly filled and it has held nicely at 1.90/5 but still seeing some down force. either it consolidates more or it may fall to 1.70s again.

daily charts showing some weakness. but that have been off at times or rather misleading.
weekly chart is bad. it peaked and fell through support. next is at 1.50 so its possible this goes back to 1.40
monthly is good though. shows its ready to rise.

there is a big fan line here that needs to break. its at 3.70 atm and falling fast. was at 3.95 last week. it hits 3 by the end of october. that is what needs to break to let this move.
we know news has been king here so that could do it. otherwise our major support lines cross it in november around 2.30 and janurary around 1.70. too far to tell atm.

still looks good long term though. atm not screaming re-enter, yet.

My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion

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