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Jason Bond

07/22/09 8:50 AM

#36863 RE: SAMadMoney #36861

hey SAMM, will let clay chime in as well but thought i would put my two cents in here...

support is the ma50 of .0011 followed by the ma20 of .0007 - watch to make sure it holds the ma20 at least for continued uptrend to stay in place.

seems to continue getting caught up at the .002 to .0022 resistance areas - if it were to get through there then you would have something to talk about as .0037 would be next and that's a nice distance between.

in summary - must hold .0007 to stay in uptrend after this retracement.