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Re: None

Monday, 07/08/2013 8:19:41 PM

Monday, July 08, 2013 8:19:41 PM

Post# of 16750
This is the kind of chart that I love to trade. Keep in mind that this is a weekly long term chart. A buddy I trade with tipped me off to this play today. This stock had a resistance level around the $4..27. It broke out of that resistance then found it as a short term support then breaking on upward. Im looking for a longer term fib retracement back up to the $4.27 level. This stock was beat down hard and that is what I love to find. With a strong decline in volume and the stochastics trending down this screams buy.