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fromtheuk

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fromtheuk

Re: None

Tuesday, 03/01/2005 11:05:26 AM

Tuesday, March 01, 2005 11:05:26 AM

Post# of 7422
A lot of consolidation going on here. Heavy volume but no movement. When this phase finishes I will be watching VERY VERY carefully which way it moves. It should be significant, if it's down then I would be looking to buy at a much lower price. 50 EMA is at about .70. if it went lower than that then it's a complete technical breakdown. (I don't see the 200 day EMA adding much here.)

Hopefully however this consolidation is forming a very solid base so when we move we will not see these prices again for a long long time.
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