Hannover House Inc (HHSE)

[Sumdude]

Strongly disagree with a couple of your points.. the 1st being this was oversold for the last 3 months. the 1st and foremost being that trend has been channeling down for the last 6 mos. so for the last 3 to be somehow "out of the ordinary" is not a sound judgement.

2nd at best there were maybe a couple times where u could make the case for oversold in mid july a month ago, but that would of bucked the trend.. however ther recent scenario, due to some minor short interest or "fotis dilution" to get the stock under 2 definitly is indicative of an oversold stock, and now you see the price begining to finanly bounce off of a new bottom and starting to rebound.

key here is to keep resistance above .02 if it stays there we are looking good if not.. the scrum will persist between .016 and.021/2. it will take volume of about or close to 4mil to get share prices above .03 mark it.

the stock staying above.02 is very critical going into next week.