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mastershake

04/26/07 7:33 PM

#2923 RE: fragglestock #2921

actually the charts are looking fine, monday we had an volume surge of newbies plus profit takers getting out. that caused the selling pressure to keep the candle low. it continued the next day with a little more panic and some bottom dwellers reloading so-to speak. mostly people sold the next day because they got scared it would go lower. which shows that yesterday we had a day where people were indecisive some thought it was bound to go up and some got out scared of it going even lower. this indecision can be seen in the equal buying and selling pressure...today for the most part it looked like the sellers were winning but some sort of buying volume came in end of day and changed all of that. for a bullish candle ending the day on HOD price is very good, i expect a continuation to .002 tomorrow.
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samplescave

04/26/07 9:02 PM

#2928 RE: fragglestock #2921

fragglestock, nice post and take on the chart.

I also saw where there was temporary weakness simply due to lack of info released by the Company.

Remember also, there were many that bought at .0003 that sold for profits along the way as well. This strengthened our higher lows as those that decided to buy in or buy more continued to hold.

I would have sold too, except for one thing.

Here's the "thing".

Although the MACD was turning flat, the EMA / 50MA was beginning to close and cross (today it finally touched) and will cross tomorrow, even without news.

This tells me that we are ready to cross into new higher highs and new higher lows.

The Press Release is only the icing on the cake from here.

:)

Good Luck to you!