Replies to post #187523 on Plastic2Oil Inc (PTOI)

[DrMBA]

Stock is in a DOWNTREND...look at this chart:

http://stockcharts.com/def/servlet/SC.pnf?c=jbii,P

Since early 2011, lower highs and lower lows = DOWNTREND.

Support at .63, resistance at 1.75 to $2.

IT HAS TO BREAK RESISTANCE WITH SIGNIFICANT VOLUME BEFORE IT BREAKS OUT. Why buy here when it looks like its going back down to support...