Penny Stock Education

[phaseshift]

I'm going to take a crack at this and compare it to what TI or SA says. Starting with the daily chart:

The RSI is well above the 50 line and is showing a downward curve, becoming over bought.

MACD Seems to be wanting to cross, if this crosses in the next couple of days it might give a sell signal.

MA 20: Tested the support level today on the MA 20 line at .007 and it held well.


There is still a lot of volume coming into LFBG, it seems that there was a lot of panic selling today, watch the RSI and MACD closely as if they start to curve upwards once more could be a possible bounce play for a quick buck.