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ospreyeye

02/08/13 3:03 PM

#13935 RE: KeepsMeSwingin #13926

The reversal is when CERP finds support & bounces.....2 down days in a row.......

MA(50) @ 0.04(actually just below) is a major moving average......I would expect a bounce off that level.....

MA(10) is just below MA(50).......CERP has been riding MA(10) support for 3 weeks......I would expect the trend to continue.......

As long as CERP doesn't drop below MA(20) @ 0.03 the Bullish uptrend should continue......

My analysis is usually for short term trading......day - swing........$$$