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Re: zenfin post# 54572

Friday, 08/26/2011 12:01:03 AM

Friday, August 26, 2011 12:01:03 AM

Post# of 98509
Hourly Chart UPDATE - in my opinion, based upon the fact that $0.0017 proved to be firm resistance, the market closed on it's low for the day at $0.0015, and the chart continues to show overbought readings, I believe that the price will fall tomorrow to at least $0.0014 and possibly $0.0013 before resuming it's rally again next week. I'm a buyer at $0.0014 just in case it does not get to $0.0013. I expect the market to find adequate support to mount another attempt to beat the resistance at $0.0017 and this time, perhaps will get though that barrier and head back to the Gap at $0.0030.
TYTN - 60 min Candlesticks