Replies to post #1025 on Entech Solar, Inc. (fka ENSL)

[bedwards1000]

Re: Where is the bottom on the falling knife? I would say it is $1.52. Oh, was that a rhetorical question? Here’s my answer anyway.
- The drop seems to be following the drop in the DOW
- The MA50 and lower BB should both provide support around $1.50
- RSI and Full STO are indicating that this is the most oversold that this stock has been. The last time this happened was this low was around May 17 – just before the run from $.52 to $1.28
- Aroon still looks good.
- PPO & CMF, well, not much good to say there except they looked similar before the last run.

http://stockcharts.com/h-sc/ui?s=WWAT&p=D&yr=0&mn=6&dy=0&id=p92635784022

Not sure why people were running for the door on Friday. It seems like a growing solar company with real contracts would be a nice place to be right now.