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Re: None

Wednesday, 11/10/2010 9:36:00 AM

Wednesday, November 10, 2010 9:36:00 AM

Post# of 55136
ok despite a little sell to start the day, which is in line with the daily chart falling and setting for a nice bounce, note we are back to 7 on the bid support and ubs at least for now is up to 9 on the ask.
that means with this hourly swing we could see an uptick to 8/9 on a little buying. now yes i think the hourly will need to fall again before the daily is ready and even if we uptick now it may slip back to 7/8 on said fall but the daily will be ready for the next move up and the more shares bought higher means the higher pps goes.

so again, now is ask time. we can uptick for today into tomorrow before the hourly is ready to fall again and hopefully just hold the uptick support into tuesday when both charts should be ready to rise.

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