Friday, February 14, 2014 8:05:48 AM
3 Charts
The first chart is the 2 hr chart. Looks to me as if this simply closed the gap and came down to the support of the 200 period EMA. Tested it at this level 6 times which would mean a viable support lever. Im looking for a reverse back up into the .0024 area in between the 8 & 50 period EMA
Second chart is the yearly chart showing a simple set of tweezers. this is a trong indicator of a reversal. We still have a nice decline in volume and a descending stochastics. This is what I want to see.
Third chart is a chart I posted a few days ago showing that this stock is way over extended and will come down. If you think a stock will just continue to rise and not fall then your in the wrong business. Today we will close green. I see no reason for this to break down through support
The first chart is the 2 hr chart. Looks to me as if this simply closed the gap and came down to the support of the 200 period EMA. Tested it at this level 6 times which would mean a viable support lever. Im looking for a reverse back up into the .0024 area in between the 8 & 50 period EMA
Second chart is the yearly chart showing a simple set of tweezers. this is a trong indicator of a reversal. We still have a nice decline in volume and a descending stochastics. This is what I want to see.
Third chart is a chart I posted a few days ago showing that this stock is way over extended and will come down. If you think a stock will just continue to rise and not fall then your in the wrong business. Today we will close green. I see no reason for this to break down through support
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