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FyoCouch

02/25/11 10:56 AM

#17700 RE: lamachina9 #17699

As posted earlier here by Per Capt. Bob --- a reliable source for all of your investing advise, its going "to da moooooon!"

Lol.
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ospreyeye

02/25/11 12:31 PM

#17751 RE: lamachina9 #17699

CHARTS: I can try....seems easy enough to me....next resistance 0.09....break that and it runs to 0.10....right now the key support levels are MA(200) @ 0.082 & MA(100) @ 0.076.....need to stay above those levels & close above for the uptrend to cont....an interesting development is MA(5) @ 0.08.....it just crossed MA(100) to the upside & is ready to cross MA(200).....if the shareprice can stay above MA(5) I would cont. to stay long....if it can't close above that level there will be more downside risk....@ this point everything is riding on those 3 key MA's.....they have been support on this breakout & will become resistance if the price drops below....DMI: shows the bulls are still in control w/ +DI being on top, but -DI is headed for ADX & if it crosses it to the upside it'll trigger a sell signal....need to see Vol. increase to push through the next level....MACD line is still heading up & is far from the Signal line....which is very healthy....the MACD Histogram is near yesterday's level which is also very good....Fast Sto: @ 54.21 is staying above 50....needs to stay above that level to maintain the upward momentum....the Slow Sto is @ 65.11....if the Fast Sto can curl up & cross the Slow Sto to the upside it'll trigger a BUY signal....keep an eye on it....CCI: was above 500 during the breakout....above 100 is overbought....it's down to 144.45 & @ a healthier level....would like to see it hold the 100 level, but this indicator shows the stock is a much more attractive purchase at this level than it was 2 days ago.....add it all up and this correction has been healthy....if the shareprice can close above the previously mentioned MA's the stock could eventually head higher from this level.....close below those levels & there'll be more downside risk....so far today it's behaving very well.....a real Bull vs. Bear battle....it's going to come down to the final minutes in the trading session to determine next weeks path....right now the jury is still out$$$