Replies to post #48447 on FrankSpeech Network Inc (FSBN)

[jrod]

Then it could be a great entry point for those of us that are in this long...and it would scare the tar out of weak hands, and swing/daytraders. // From a technical standpoint, this could suggest further consolidation or even loss of trend, but it could also be sub penny investors taking "fear" profits in which case it would turn back up quickly. it could also be a hard MM shake for a stock that is about to perform. etc... I guess the point is that the box does not stand alone but rather it should be used with consideration to short term trends, long term trends, fundamentals, investor sentiment etc...it does however, represent likely support and resistance levels, likely direction of trend, next likely resistance/support in a breakout...always in consideration for other factors