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Monday, September 05, 2011 8:26:45 PM
The moving averages are "rearranging" in a positive fashion.
Friday's close was above the 50 dma, the 20 dma and right at the 10 dma.
We want to see a CLOSE above the 100 dma at .087 and then we want to see the upper BB ( orange line) turn up and then the pps to follow it upwards - that would be a good indication of a trend reversal.
Meanwhile, .078 is still our critical support.
It is imperative that if a reversal of trend takes place, that the volume increases to support that, otherwise, it is probably doomed to fall off again.
Some good news about now sure would help !!
http://stockcharts.com/h-sc/ui?s=IMGG&p=D&yr=0&mn=4&dy=0&id=p51247880454&a=228499894
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM