Replies to post #26506 on e.Digital Corporation (fka EDIG)

[But Anyway]

I'm sorry but I do not believe technical analysis is as cut and dry as you theorize.

The bottom line is price is caught in a congestion zone here with the November lows acting as support and ~$0.20 acting as overhead resistance.

Based on my experience with patterns, I believe the probability favors a break down in price rather than a break up.

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