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Re: ospreyeye post# 30

Tuesday, 02/26/2013 12:33:54 PM

Tuesday, February 26, 2013 12:33:54 PM

Post# of 82
USGT Chart......Bullish engulfing reversal pattern forming today & a white Marubozu candle.....

the Buyers have controlled the action from opening bell until now & in the process are forming a bullish reversal pattern......

take a look @ MACD......Bullish Crossover today......signals the "start" of a new run......

The Key for USGT & really the most important factor technically is MA(10) @ 0.10.......once USGT "closes" above MA(10) a real reversal will begin......

Checkout the Orange dots......that's the SAR......Stop & reverse......orange dots above mean sell & orange dots below mean buy.......

The orange dots are getting ready to flip to a Buy signal......that will mean the share price should Stop dropping & Reverse.......

USGT is setting up......waiting patiently for the buy signal......once MA(10) is cleared the next resistance will be MA(20) @ 0.19........

USGT 0n close above MA(10) and have a Bullish reversal radar........$$$


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