Replies to post #14887 on Atwec Technologies Inc (ATWT)

[mat42458]

"huh, sideways... duh..." Well, sort of...

The Support at .0030 is stronger than the Resistance at .0040

A Rally above .0040 may be possible, because of the Shortest Term trend going up, but it will most likely fail.

Even though the support at .0030 is fairly strong, the Longer Term trends are down.

Remember, this is only ONE moment in time, using ONLY the Simple Moving Averages, Not Volume, Candlestick patterns, etc. This is just what to watch for right NOW, and WHY.

Fridays are known for lower activity in the Market. That's why these Support and Resistance levels are so important to watch.

This is a very critical time for this stock, until a new EVENT changes Market sentiment.

Mindless Pumping, and phony PR rumors just ain't gonna be good enough this time.