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RonnieD

02/24/10 7:30 PM

#94 RE: Frankiy #93

sure, everyone looks at the same support line, when it broke there are chart players who will sell automatically.
Probably won't suffer much more price depreciation from just that alone, though.. and it's rather premature to think of .75 as resistance.
you know what a great play was today ? FCFL.. i was looking at it approaching 3.15 or so, knowing the technical traders would buy it just because if it punctured 3.15 it would break 100MA and candlestick resistance at the same time.. well it did and it closed 3.53