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Re: DesertSon post# 1316

Friday, 04/22/2005 10:03:06 PM

Friday, April 22, 2005 10:03:06 PM

Post# of 44374
DesertSon TA support at .205

The support looks like is at .205 since today on level two was big order on .204 and never got filled. From .205 it bounced back to .213 so support line is .205. Here is a TA i use, little more accurate then stockta i think. stockta shows inaccurate numbers when you look at today's trading.

"The stock has support at 0.21 and 0.20. If the stock breaks down through support at 0.21 (which it did) then it will probably continue lower to 0.20.(bouced back from .205) The stock will meet resistance at 0.22 and 0.26. If the stock breaks up through resistance at 0.22 then it will probably continue higher to 0.26. The 200-day moving average is at 0.14. This will also act as support. The stock is extremely oversold according to the Stochastic Indicator (14.15)."

http://thewallstreetanalyst.buysellorhold.com/isapi/delstockgif.dll?CType=3&EDate=04/22/2005&....

ALSO JAPANESS CANDLE STICKS SAY HOLD
http://www.americanbulls.com/StockPage.asp?CompanyTicker=GTEL&MarketTicker=OTC&Typ=S

What you guys think ?





And as Jack always says: "You can't handle the truth! Son"

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