Bull Warrior Stocks

[ClayTrader]

** STHG Video Chart 6/2/11 **

Rough day for the Bulls but it looks like the price is working on forming a low right down in the $.0017 area. This "makes sense" considering the 200-SMA on the 60-min chart is sitting right in this area. If this moving average can not hold, then look for the price to drop back into the triple 0's as that is where the next area of support resides. With any sort of bounce, a big time sign of strength would be a close up above $.003.

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Link to Video - click here to watch the technical chart video