Replies to post #863 on $$$Ospreyeye: Charts, Technical Analysis & Japanes

[ddm1082]

Resistance Middle BB .012 and MA(10) .014

Support MA(50) .009

RSI just broke < 50 headed down.

MACD recently made a bearish cross

[ospreyeye]

ddm1082 explained it perfectly.......nicely done.......MA(50) support held......very good......looking for consolidation @ this level & a reversal pattern to form......

The light Vol. makes it easy for bid buyers to bring the price down.......$$$

[ospreyeye]

Very good bud.......you got it.......the 2nd level of resistance is MA(10) @ 0.014 & the 3rd is 0.016.....

Nicely done.......I was running out the door when I originally read your post.......I should of said that, you, skippy, explained it very well......

Resistance & Support levels are easy to spot once you know what you're looking for.......

Keep up the good work........$$$