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Re: vigs4321 post# 17593

Thursday, 02/24/2011 8:32:22 PM

Thursday, February 24, 2011 8:32:22 PM

Post# of 129051
possibly the start of that type of run.....the other stock rode the Upper BB for 12 candles in a row....this is a 3 candle move so far.....need to see how it holds support....MA(200) @ 0.082 is the next key support level.....MA(100) @ 0.076 is the next after that.....it looks like it wants to fill the GAP & drop to 0.07....that's MA(5) & a key avg. to stay above to cont. the rally...it's must stay above 0.07....if it drops below it could drop to MA(10)@0.056.....some positives....SAR is @ 0.03 & still a strong Buy signal....the MACD Line is still far from the Signal line & still heading up, although @ an angle......MACD Histogram looks like it may have peaked.....it's going to take a strong move on lg. vol. to keep it building....FAST STO is @ 57.01.....it was Overbought & has come down to a level that would leave some room to run if it bounces....it did trigger a sell signal today, having crossed the Slow Sto to the downside.....the Slow Sto is @ 77.93 & is still heading up......the Fast Sto needs to find support @ 50 and stay above....breaking 50 would not be good....CMF, ChiOsc, Accum/Dist & MFI all show money was leaving the issue today.....pulling back after large spikes....could just be profit taking after a 200% gain....RSI dropped to 65 & it's @ an attractive level.....it did close today w/ a Bearish Reversal Candlestick Pattern.....the dreaded BEARISH DARK CLOUD COVER......it's highly reliable and is usually followed by a pullback.....the key will be to stay above the MA's mentioned to sustain an upward move....otherwise it'll turn into a Fib play......the best thing that could happen would be news/pr/pres conference tomorrow....NEWS TRUMPS ALL!.....that would turn this pullback around & get the shorts covering......tomorrow will be the key session....looking for pre market miracle$$$

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