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Post# of 347880
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davidam

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davidam

Re: ClayTrader post# 70604

Thursday, 05/31/2012 10:11:39 AM

Thursday, May 31, 2012 10:11:39 AM

Post# of 347880
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My question on the video chart which wasn"t addressed is.
What if news is delivered that brings strong volume and crushes the 200mda at 0.0046?
The 200mda is not far off and an 8K is expected soon so its quite reasonable to include that potential in the chart. Breaking the 200mda would be very bullish . A good chart is not just about support levels although very good to know too.

Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!

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