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Alias Born 02/13/2012

Re: None

Tuesday, 02/14/2012 8:16:39 PM

Tuesday, February 14, 2012 8:16:39 PM

Post# of 8239
Looking at a POSITIVE rest of the week

The big block at .29 kept SHMX from really breaking out today. If it got through that block the upside seems to have room to run.

Strong and close support should limit the downside risk the rest of the week.
Support 1 - .0026
Support 2 - .0024

Plus, almost every short term indicator is a BUY according to barcharts.com.
Short Term Indicators
7 Day Average Directional Indicator BUY
10 - 8 Day Moving Average Hilo Channel BUY
20 Day Moving Average vs Price BUY
20 - 50 Day MACD Oscillator BUY
20 Day Bollinger Bands Hold

According to barcharts.com Short Term Indicators Average: 80% Buy

Not to mention 3 of 4 medium term indicators are also determined to be BUYs according to barcharts.
Medium Term Indicators
40 Day Commodity Channel Index BUY
50 Day Moving Average vs Price BUY
50 Day Parabolic Time/Price BUY

Good Luck the rest of week! There will be big gains ahead with SHMX!

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