Replies to post #12021 on Franklin Mining, Inc. (FMNJ)

[americano]

Glbt cutt the ask again, he don't want anyone to get ahead I guess.

your right it broke down below the old resistance, lovely thanks to glbt

[imanjen13]

Did an easily spotted bottom reversal occur at .014 yesterday. The answer lies in what the stock actually does in the next few days. If it bounces back to lets say .025 a 78% gain off the bottom, I guess we will have spotted one. I haven't seen TA work any better than astrology charts. The answers always seem to be clear in hindsight. How about an old fashioned idea. Buy stock in a company where you believe in the company, its business plan, its accomplishments and management. That would lead one to buy a co. like say... apple.Or we can look at some lines on a paper and see divine intervention.The companies with the nice upward chart always seem to be doing well in business. Not hard to spot the bottom for these companies because there is none; only corrections in an upward pattern. That even may be the case here.Either you believe in a company or you do not. I think each of us has to anser that for himself.

[sori]

Yes, the apex of the broken down pennant. This issue should remain on the defensive for the remainder of the year IMO. After that, we will need to monitor internal indicators and price action for clues of its next direction.