GoodFellas Big Board Catalyst and Chart Plays

[Musky Guy]

Ahhh....I see. After it broke down through the support (.76) the next area to look for a buy would have been the support. (.58) I look at it this way. It is nice to buy at the very bottom which you had thought was a bounce off the 50 sma since the 20 sma was crossing up through it. Not a bad idea. However if you look at the chart what were the indicators saying about buying. Use candles and indicators as confirmation of your purchase.