AI
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Saturday, July 30, 2011 3:59:40 PM
Yes, it could (50 cross 200 day)
Golden cross usually when the 50 day crossing above the 200 day. If we can maintain this price level, or higher, the 50 day will start moving upward in an ever more steeper incline. If we can get above and hold .015 or .02 the 50 day will be aioming up more then a 45 to 60 degree angle, and make a cross over possible as early as late next week.
If we get hit with news this thing could spike to .04 to .07 very very fast, IMO.
Golden cross usually when the 50 day crossing above the 200 day. If we can maintain this price level, or higher, the 50 day will start moving upward in an ever more steeper incline. If we can get above and hold .015 or .02 the 50 day will be aioming up more then a 45 to 60 degree angle, and make a cross over possible as early as late next week.
If we get hit with news this thing could spike to .04 to .07 very very fast, IMO.
Have a great low float, or killer chart to share with our group of traders?
Post it up on my new board!
Sweet Crude's - Low Float and Chart Plays (please join)
http://investorshub.advfn.com/boards/board.aspx?board_id=21852
