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Richinminutes

08/16/10 11:40 PM

#568 RE: necktoeye #567

I took another look at this stock since it doing some crazy things and thought I would bullet point some key factors about the trend this stock is taking.

o Last Hour today the Close was above 5 Hour Moving Average
o There was a new 3 Day Low on Monday
o Last Price is Below 20 Day Moving Average
o There was a New 3 Week High, Week Ending July 31st (which was after the split)

I think we are still going to see a downward trend for a another week. I'm really torn between selling and getting back in at a lower price, or just letting my shares ride and purchasing more after I start to see a upward trend.