Replies to post #670 on FreeSeas Inc fka FREEF

[Rhee]

FREE - Potential reversal

You have to manage your trades to your own strategic advantage. But, I would place a stop below support here and wait. I don't trade fundamentals, only technicals. And, as I said, it may still have to double bottom. But, a break of .27 and she could double, based on the next resistance levels.

The last three days it has been green on increasing volume, with a positive MACD cross. The .19-.24 area looks like an entry not an exit.