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Post# of 1996
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k_trader

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k_trader

Re: Briboy post# 228

Thursday, 07/21/2011 10:52:23 AM

Thursday, July 21, 2011 10:52:23 AM

Post# of 1996
I disagree, this looks like the bottom to me.

The stock has been trading in a channel for several months now, support has been tested and held at this level for months.

Today looks like a reversal candle, plus the Full STO, TRIX have crossed and are upticking, these are all bullish indicators.

If it continues to trend like it has for the previous 3 swing high / lows, I would not be surprised to see a run to 6.25 - 6.40 levels over the next 2-3 weeks IMO.

GLTA.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
WARREN BUFFETT

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