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Monday, February 06, 2012 4:20:51 PM
Another great day. The big bad 50-SMA has been converted over to the 'good guys' now as it has become a support (instead of a resistance). Ideally, you don't want to see the price drop below this moving average (valued at $.075 currently); however, if it does, you still 'do' have the 20-SMA below which has been doing a great job of providing support. On the resistance side of the coin, $.13 is the new battle ground of focus.
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