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Replies to #12691 on OTCDD (OTCDD)

xxrayeyes

12/04/02 8:31 AM

#12692 RE: timhyma #12691

It traded up as high as 16.80 but then closed around 15.30. I'm getting this from the chart as I forgot to watch it yesterday. LOL! Missed my own tip this time!!! Looks like it opened at 15.60 so it was a tradable run. Looking at the three month chart, I am seeing a range from low to high of 10.85 to around 19.00. A triple top for resistance and a double bottom for support. Right now it is about midway between and it looks like it needs a little breather to me. I think I am going to go ahead and add it to my watchlist. That is one hell of a trading range and maybe I can map it out and make some money trading.

EDIT:
If it goes below 14.60 over the next couple of days, look for a big move down to around 12.60. There are two up trend lines but the first one is too steep. It is the 14.60 support right now but I expect it will fail. The 12.60 is at an up trend line that has a more reasonable slope. FYI- These numbers will move up as the days move forward.

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