Replies to post #1028 on Viveve Medical Inc. (VIVE)

[Captt]

Moving back to earth this morning

[ospreyeye]

$VIVMF Chart - as anticipated the party ended today - the midday sale of securities release yesterday was the red flag and signal to take profits or take a short position - this bull train drove right into the tunnel of doom & came out the other side forming a BEARISH HARAMI reversal pattern today -

EMA @ 0.93 is the 1st support level to hold - EMA 8 @ 0.82 is the 2nd - as long as middle Bollinger Band @ 0.56 support holds the up tredn that started w/ the close above the middle BB on the 13th should continue - if middle BB support breaks it will = downside risk and possible start of a new downtrend -

[ospreyeye]

Thanks Ospreyeye, for your astute and brilliant analysis of the action in VIVMF.

thanks for the kind words bud - very much appreciated - you can find more charts & TA @ MY CHART COACH.COM - look up the "OSPREYEYE Board" - TIA