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factorfiction

09/06/12 1:52 PM

#71187 RE: factorfiction #71184

50dma is at 0012.. its a lagging indicator so it represents the average pps over the last 50 trading sessions. This is your sign of major support because that is the average pps people have been buying mikp at...so people buying at those prices r not looking to sell at those prices. If u fully understand charting..it will tell u when and where to buy.. the chart is very bullish right now and I suspect the buyers will be rewarded.