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Re: razorback74 post# 15587

Thursday, 07/25/2013 7:30:35 PM

Thursday, July 25, 2013 7:30:35 PM

Post# of 43962
Actually, if you look at a 3 and 6 month chart, or even the yearly, you'll notice the smooth bottoming out of the chart with a low of .016.... Now we're just cycling between that point and .026 until a break in either direction. I don't see lower lows or higher highs, just a cycle. This pattern is actually a good one for bulls, and with a little luck it might mean that this is the bottom. Most experienced traders won't commit until an actual buy signal because this bottoming out formation could take a while... anyways that's my .019 cents....
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