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Re: nWo post# 893

Thursday, 07/14/2011 11:40:20 PM

Thursday, July 14, 2011 11:40:20 PM

Post# of 4345
Ya wow, the chart is really not lying at the moment. Was above the 50 day for so long, that is surprised me the the first time it dropped below it back in May. As you said, hit around the $5 range, and then not only tested the 50 day couple weeks later, but busted through it. I admit, openly, at that time, I really thought we would stay above it, and test some new highs again. This time dropping below the 50 day, it has dropped a little more abruptly and significantly. As you said exactly, $5 will be quite key, if bounces, great sign, if not, and I really don't like to say this, but just might test the 200 day, which would be a massive test, currently, sitting at $4.47. Interested to see what will happen here...

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