InvestorsHub Logo
icon url

dmlabuda

06/24/11 2:12 PM

#42109 RE: MaxShockeR #42087

Of course I look at the weekly chart. I can see where TYTN sold for $.02/share back in Nov. 2009 and since that time dwindled all the way back to $0.0005 before finding firm support. So then we have a rally back to $0.005 and the market is correcting now after that move but somehow, you don't think it's possible after the recent rally for the market to correct the same percentage that it corrected following the rise to $0.02. Well, you might be surprised. But, it's certainly not finished correcting just yet in-spite of any moving averages you may use to estimate support levels.