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Re: happycampers post# 7843

Tuesday, 07/09/2013 8:19:47 PM

Tuesday, July 09, 2013 8:19:47 PM

Post# of 25154
Nice. Tomorrow will be an important day. Not "critical" by any means, but with the selling today the RSI is as close to 50 as I have seen it in my few weeks here. Typically the RSI 50 is a strong resistance on the way up so I would assume it is an equally strong support. If we can get a bounce tomorrow back to high 7's or perhaps 8's we should be fine for a bit. Especially with the 50MA and PAR SAR curling up every day. Eventually those two should support us in the 6's as well. We might still trade sideways for a few weeks without a rev PR from the company, but that is okay because when those financials come out it will most likely be blast off to .20.

Just my opinion, but as with a lot of the other longs around here I feel like .20 is a given. Just might take us a bit longer than we initially thought. I'm sitting on about 100K with an average of .07 so anything less than .15 will be a disappointment for me.