InvestorsHub Logo

gqmixmaster

10/15/07 11:06 PM

#23647 RE: gtv #23645

I'm not the best chartist in the world by any means but I don't like using that 0.40 spike because it was BS IMO. We had finished at 0.35 or 0.36 that day and the 0.40 went through above the ask after hours I believe. But anyways, this looks like the first trend line break to me since we ran for a 100%+ gain. Definitely not saying that kind of move will happen again but its never a bad thing to break a trend line.
The trend I am talking about would be a line from aug 10th at 0.26 through sept 22nd at 0.165. We broke trend when we created support and held over 0.11 today. Now that should become our support line.