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OTCPennyTrader

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OTCPennyTrader

Re: OTCPennyTrader post# 402

Friday, 06/14/2013 7:13:49 AM

Friday, June 14, 2013 7:13:49 AM

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$SID http://stocksonwatch.com/2013/06/sid/

SID Candle over Candle Formation, MACD curling for a Golden Cross, RSI Divergence, RSI Crossed above the 30 line, big green volume bar. We could see the beginning of a nice reversal and short squeeze here. The target to break is the 21EMA at 3.20 (which is also the downtrend line), then we see a 50MA test around 3.60-3.70 range, then a test of previous support/resistance at 4.60.

Disclaimer: All posts on iHub and StocksOnWatch are of my own opinion based on fundamentals and/or technicals on the chart. They should be considered for informational purposes only. You are responsible for your own trades based on your own due diligence.

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