Tuesday, February 07, 2012 6:57:18 PM
Big accumulation today. If and that is a BIG IF, the volume people climb on board tomorrow this is what I see in the chart.
Bottom of .0015
We are sitting on the pivot at .0017
Simple MA resistances at .0018, 19 and 20 (MA 10,20,50)
With the next resistance crossing at .0020
If we get to 20, 25 is the next resistance followed by 28. Gonna be some crazy fluctuations until 20 then it should smooth out.
As Royal says, invest it don't marry it!
All in my honest opinion of course.
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