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SmarTrader

03/24/11 1:00 AM

#549 RE: Iceman83 #548

We shall see. I don't marry these pennies but this one seems to be ready.

I bought per volume, demonstration of previous resistance now as suport at .01, huge selloff on major volume from .02 but we also have major volume which pushed us back above .01 which is great from a charting perspective. Also, halfway through the day we began a ascending triangle pattern, which shows bid support as we crept up throughout EOD. I'm in at .011 and .012, hoping for .02. I think shouting .20 this early is going to be more detrimental than beneficial for this stock.

All in my opinion and good luck to all.