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BurntOrang3

05/11/12 10:39 AM

#26027 RE: learning curve #26024

well just to let you know that the chart is saying that this stock is getting more bullish becasuse right now its sitting on a resistance and above the 200ma which should act now as a support if itll hold it. And just to let you know that this company has been diluting a little bit. I dont have a clue for what. Im also invested in this thing just to let you know. Im all for it to go north. I just understanding what im investing in and not going off of what everyone says on a baord..If they dont fix their financials they wont do well. A company can have a great product but shitty leadership

MattyVan

05/11/12 10:41 AM

#26028 RE: learning curve #26024

A huge percentage of the volume the past few days were sells of large blocks of shares, seems to have stopped 100% as of yesterday about 2:30pm est, if we had any news this would pop big IMO

deafelephant

05/11/12 10:43 AM

#26029 RE: learning curve #26024

the problem with charts is that they base their data on what is happening in the here and now. if volume escalated today and buying pressure breaks through, the charts would be completely different by the end of day thereby changing their forecast for what may happen next week or next month.

the only info I find useful on a chart are candlesticks and relative strength index.