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Post# of 85068
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johan31

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johan31

Re: KandCplus4 post# 19219

Wednesday, 02/02/2011 3:40:06 PM

Wednesday, February 02, 2011 3:40:06 PM

Post# of 85068
As of a few days ago, .0175 was our first resistance point. Obviously, that didn't hold. Next resistance is around .0157. Looks like we bounced off of that a few times today. So we'll have to see if it holds. Next resistance after that is .0125, then .0093 where the 200 day MA sits now. Not sure if they'll take it there. We've already retraced 50%+ from the top. We also have a bullish signal in the next couple days where the 50ma crosses above the 200ma. RSI is sitting around 51 right now. So we came way off the over bought number of 92 or so around Jan. 19th...looks like down trend may be getting tired - but who knows, huh :) GLTA
johan
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