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Re: None

Wednesday, 03/12/2014 4:37:29 PM

Wednesday, March 12, 2014 4:37:29 PM

Post# of 232507
2 charts. One shows the uprtend channel with closing prices and has been accurate with an acceptable deviation above and below the mean. That is points poking above and below the resistance and support lines.
The second chart indicates Open, High, Low, Close (OHLC) prices. This chart has more pokes above and below the channel which makes the channel less clear. Of interest is that in recent days there is an increase of pokes above the resistance line. This indicates momentum pressure to the upside. Today's intra day penetration of the pre trading halt price of .14 suggests that level may soon be broken to the upside on a closing basis. That could be a precursor of an accelerated uptrend.