RiceBran Technologies (RIBT): Chart is 4 for 4 on one factor--5 coming...

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RiceBran Technologies (RIBT)

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Friday, 03/25/2011 4:48:20 PM

Friday, March 25, 2011 4:48:20 PM

Chart is 4 for 4 on one factor--5 coming?

The volume this week sucked, but note on the chart that since the bottom in December 09 that after a pullback and the bottoms started rounding up, even just a bit for a few days, that a big rally ensued all four times. Now they are doing it again. I suppose this is the time it fails, lol.

All in 2010, look at Late April early May, September,October and late December-Early January.

http://stockcharts.com/h-sc/ui?s=NTRZ&p=D&yr=1&mn=6&dy=0&id=p91983272909

Also note that we closed clearly above the 20 day moving average for the first time in three weeks.

http://stockcharts.com/h-sc/ui?s=NTRZ&p=D&yr=0&mn=6&dy=0&id=p29526007259

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