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Re: wilsoned post# 5979

Wednesday, 05/08/2013 11:14:03 AM

Wednesday, May 08, 2013 11:14:03 AM

Post# of 42897
VDSC Chart: 4 days down & setting up for a rebound off MA(20)/Middle Bollinger Band @ 0.0043.......MA(10) @ 0.0065 support broke yesterday.........need to see a bounce off the Middle BB for the uptrend to continue........

MA(200) @ 0.0037 is just below MA(20).......should find support in the MA(200) to MA(20) range.......nice intraday bounce off MA(20) today........SAR @ 0.0042......keep an EYE on it.......if the share price drops to that level SAR will flip above the share price & trigger a Sell signal......

Fast Sto & RSI dropped below Overbought levels......looking for both of them to bounce off 50 zone........Accum/Dist has held steady as the share price has pulled back.......alway's a good sign.......checkout CMF......has remained green on the pullback.,....the lower tails on the last 4 candles show investors have been loading the dips.........

Should see a Bullish reversal pattern form off the above mentioned moving averages.........look for a white candle or Doji to form the reversal pattern........

VDSC on Bullish reversal/bounce radar..........




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