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rbd317

04/19/11 8:40 AM

#6731 RE: john7777 #6730

Which makes the TD Sequential Weekly Chart as Bearish...

(i) Need to stay above $0.034 (8-day moving average) to hold

(ii) If support of $0.032 is broken, confirmed bearish signal may bring the PPS to $0.019

(iii) Yesterday's low of $0.03 is below the 50-day moving average of $0.0319.

(iv) Yesterday's close of $0.036 (painting) it to close the PPS above 8-day moving average of $0.0349. But for all intent and purposes, death cross has been formed sometime April 6 when the 8-day moving average ($0.0349) fell below the 21-day moving average of $0.0365.

TD Pressure is high at 86.04. Not good.

So, why do we slap the ask when there's a bidwhacker around?

rbd317

04/19/11 8:49 AM

#6732 RE: john7777 #6730

Even Parabolic System Studies confirms selling pressure ie downward trend no matter how the seller paints the close.

mc67

04/19/11 11:10 AM

#6736 RE: john7777 #6730

I have a few stocks that came out with long awaited great news.. and the nothing.. mmmhhh