Lyric Jeans (LYJN)

[frodo_1978]

hey Bob, its all written in the charts. future movements reside in the charts, patterns repeat, history repeats, over and over and over again because human phsycology is predictable. Patterns are reliable because of the elements of human emotion. Like i said, im more of a long term dude, but the short term is very bullish. Today was pretty significant.
*The price closed above the 200 day, and is sitting right on top of the 50 day.
*It hasnt closed above the 200 & 50 day in over a month.
*14 period RSI closed above 50, which signifies a strong uptrend
*Parabolic SAR just confirmed an uptrend.
*NO RESISTANCE all the way upto the 2 penny zone
*SHe closed above .012, this area has fluctuated several times this year from support to resistance
*Most importantly, this is a low float play, the smallest of
buying pressure will send this puppy through the roof.
Despite all this bullishness, LYJN is still at bottom and extremely undervalued, the trend is changing right before our eyes man. See chart below.