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pinoleropuro

05/04/14 7:52 AM

#52337 RE: ThatGuyDavid #52329

On The daily chart, RSI and Stochastics look oversold; what i don't like is the weekly chart. It's showing the stochastics pointing down. The next strong support level could be the 50SMA on the weekly which is at .0035
If that doesn't hold then the rest of the weekly chart momemtum indicators may continue a drop in pps.
But if the 50SMA holds on the weekly then we may have reached the bottom and it's time to buckle-up for the ride upwards.
I don't want this thing to go any further down.
We all need this thing to go up even Ironridge i would think.