Creative Edge Nutrition Inc (FITX)

[eelfland]

The chart looks very bearish to me:

http://stockcharts.com/h-sc/ui?s=FITX&p=D&yr=0&mn=3&dy=0&id=p01511121131

These last two days' black candles have cast a shadow toward the darkside, further convincing me that the last five days constituted a dead cat bounce of heroic proportions, but the cat IS dead, unless something comes up to drive us much higher tomorrow. Only a long white candle can cure this ailment, and I don't see any news coming that could create one. Billy's news reports just don't get the job done the way they used to. One, two, or three red candles will take us to the .05-.06 area where there should be support around the 50-day moving average, but once the momentum is headed downhill like that, another failure after a bit of consolidation could rack up another red candelabra down to the .02-.03 area where that old gap is. This could all happen much faster or slower than what I have described, but this chart is broken, with regard to upside potential.

There's my chart analysis for free. I would not be long this chart with my ex-wife's money. The PPS is about to break in half again, just to get our attention, and then again after that. Will you be buying, selling, or holding when and if that happens? Better plan ahead for it so you won't be taken by surprise this time.