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Claypool Reservoir

09/03/09 2:41 PM

#3106 RE: insanecurrencytrader #3105

The chart is showing a bearish momentum as much as I hate to say it but I only post the truth so go figure I guess. The 50MA is at .016 if it closes below that that is a bearish moement if it closes even at .016 or above then look for 50MA line to hold. From the looks of things with MACD going down and other pointers such as low RSI it looks like it could go lower than .015 just my guess it already went lower once today could go there and stay. I have my order in and waiting if it goes where I think it goes. I also know that NEWS trumps all. I believe in the company and think all things will be great but as for the chart I will play it as so.