Replies to post #26308 on CoreStream Energy, Inc. (fka ZLUS)

[vATO]

Still bleeding here...and it looks as long as this doesn't break the last support that I see on that 200MA we should be okay..
Breaking it, then there is not telling.

But I sold a position today and will have powder tomorrow to avg down on this again.

I think many will see that 200MA as a pad to bounce off...it has done it before.

Best of luck to all.

[starsnstripesus]

But if charts are showing that a stock is oversold or indicates a bounce is coming, and then news comes out saying for example they are going bankrupt or something like that, then charts and technicals mean shit. I'm not saying they're not a useful tool, but they don't always tell the ENTIRE story.

[grajekk]

The bad part is that most penny stock investors don't know charts from farts and can easily be lead around by the nose by manipulators on these boards claiming to be chart informed. It's a shell game... a fairly good one.. that I will give you..