Replies to post #153889 on FrankSpeech Network Inc (INCTD)

[Goldrush2001]

I have a question about the long term chart. How does a long term chart like this take into account the much larger number of outstanding shares now? Wouldn't the old highs need to be pro-rated to account for the new number of outstanding shares? TIA Ron

[dart1961]

cats-That chart is correct! I do not use that H & S (Head and Shoulder pattern) in my trading, but have personally recognized it and have been following it myself since the CC rollout announcement on the chart.We are going to find bottom tomorrow or the next day IMO. The 200 MA has been in everybody's minds for days now,and it is finally upon us.
This is my Long-Term chart from a few days ago.(link)
The bottom channel support line is at the 200 MA of .0083
.0086 is an earlier support level that should cause some difficulty of our PPS to fall thru so I am watching that level too!
http://www.investorshub.com/boards/read_msg.asp?message_id=10535146