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Re: rifreede post# 58098

Thursday, 04/05/2012 2:38:56 PM

Thursday, April 05, 2012 2:38:56 PM

Post# of 129054
this is just healthy side-ways consolidation. We all hoped Friday would be this massive day, but as someone pointed out, no-one has seen the documentary yet. It's coming out tonight. Those people will have all wekeend to think about buying and to tell their friends; buying starting monday and all week.

From a technicals standpoint this could consolidate down to .15 - .161 before a strong breakout. If I was just trading technicals i might take that and try to swing a penny or more; but with the momentum next week I won't risk it. plus the chart is holding up at current levels; sideways consolidation is indicative of a good breakout.


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