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Re: lukin4winners post# 2901

Thursday, 09/27/2012 9:42:03 AM

Thursday, September 27, 2012 9:42:03 AM

Post# of 31039
AHFD The struggle seems to be with the 5/10/20dma(.0033/.0032/.0032) crossovers and the 50dma(.0035). The only thing needed is volume at the ASK. It is normal to have some resistance when the two major dma's are trying to complete a positive crossover, 10dma and 20dma are both at .0032 and touching. The only question is when, how soon will enough buyers hit the ask and complete the positive crossover. She is well set up for a run with or withot news. You need buyers at see what can and will happen after a close above these daily averages like the 50dma(.0035). You can't just sit on the bid and make things happen. It will take little volume to drive this up big time. And keep the bid/ask gaps closed.

Good trading to you...

Enjoy