Fibonacci retracement levels apply to a bounce, or corrective advance, after a decline. Once a bounce begins, chartists can identify specific Fibonacci retracement levels for monitoring.
Fibonacci retracement levels apply to a bounce, or corrective advance, after a decline. Once a bounce begins, chartists can identify specific Fibonacci retracement levels for monitoring.
DNAX Mr. Leiner, a founder of DNA has held the title of Executive Vice President, Secretary and Director of the Company since its inception.
Mr. Leiner, stated,
"I want to make it perfectly clear that the Company has always operated in an ethical manner and will continue to do so in the future."
No officer, director, management or family member has sold a single share of the Company's stock, either directly or indirectly."
Mr. Leiner further stated, "The two directors of the Company, who are also the founders of the Company, have forgiven $1.8 million dollars in personal loans made to the Company and $944,000 in accrued salaries.
We have not received any salary from the Company for over three years."
We have immediately begun a search for a highly qualified new President..
"We maintain our belief in our business concept and continue to aggressively pursue new business."
The bull market of 2009 will end this year in 2014.
weekend update
Posted on October 18, 2014 by tony caldaro
REVIEW
the market is currently in its largest correction since 2011.
The pullback to SPX 1878 is probably part of Minor wave b. Which suggests some downside early Monday, providing the market does not exceed SPX 1898 first. After Minor b completes we should get a Minor c rally to the 1929 pivot ending Int. wave A. Keep in mind this market remains quite volatile with triple digit DOW swings nearly every day. Short term support is at the 1869 and 1841 pivots, with resistance at the 1901 and 1929 pivots. Short term momentum ended the week below neutral after getting extremely overbought.
We certainly would not consider this an impulsive advance.
The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.0025, and our valid average buying price stands now at 0.0029. The previous QUIT signal was issued on 10/22/2014, 2 days ago, when the stock price was 0.0020
The green light is on and this security is now screaming BUY. It is action time! The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. Do not miss this bullish opportunity.
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