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Re: cosmicschool post# 2325

Friday, 07/27/2012 2:03:11 PM

Friday, July 27, 2012 2:03:11 PM

Post# of 7872
CHARTS DO work for penny stocks or any stocks.....I've been using them for years and banking..... and it really doesn't matter what chitter chatter there is, the DOC is right when the technicals will take over.

If it closes as a doji or hammer today then it will go down next week because of yesterdays uptick and vice versa.

MA 2:5 which is for day traders indicates it wants to break the resistance .0268 which it has needs at least three days above that point for a confirmation.

You need to learn how to use them so that your fear and bashing of this stock will help you in your position. but not for long

all macd histogram has to do is cross over to the zero baseline like clockwork everyday it's getting closer.

It has to closeat the high of the day and it will make it a nice indication of next week or more of the same manipilation. The money makers are the true manipulators, an pr, rumors, financials dd are nice but charts are king.

just to save yourself just study the adx indicator or fast stochastics and review candlesticker.com for things to come very fastand very hard for DIMI