Replies to post #4415 on Freeze Tag Inc (FRZT)

[museman]

Charts:
The resistance line suggested by FrankF did indeed turn the price back toward the breakout point at around .025. That "snapback to support" was to be expected and welcomed in Technical analysis.
Should we break above the .031-.034 area we are out of this "flag" consolodation and on our way to making another flagstaff.
Furthermore, the next price rise would conclude the handle to a cup and handle formation on the long term rendering a long term buy signal with objectives including old highs.
http://investorshub.advfn.com/uimage/uploads/2012/12/7/msedpp_(9).gif
http://investorshub.advfn.com/uimage/uploads/2012/12/4/ylgvmp_(8).gif