AI
Wednesday, February 27, 2013 12:18:15 PM
Looks like intraday lower highs are being made. First .319 (roughly .32) , then .31 , then .30 and next would be .29 if the pattern continues. Which I strongly believe it will.
Looks to be weak at .30 now. Looking forward to our next test of the .25-.26 support range.
Watch for a close under .30 today on continued low volume. Trading for the next few days should be tight as today's has, but overall in the downward direction until REAL support is defined. Still trading under the MA 10, which I consider to be Bearish.
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