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dmlabuda

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dmlabuda

Re: EZmoneyED post# 556

Friday, 01/20/2012 1:40:46 AM

Friday, January 20, 2012 1:40:46 AM

Post# of 897
Good Question ... The Daily chart is not yet oversold indicating lower prices are possible. American Bulls also believes that from their analysis but, the Hourly chart is oversold indicating that a bounce is possible. I would wait for further confirmation. I think the Daily chart should be oversold before taking a position, it appears to be headed for oversold territory.
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