Just did my math right now before the market opens. Pivot point of .1716, support at .1533, Resistance (should it blow past the pivot) is .1807. The way I have been lookin at the graphs, the stochastics show its gonna bounce from being oversold, but it's now below yesterday's support...I think it might fall into the .15's. Just gonna wait and watch. If it starts knockin at .1716's door, ill probably buy to test my theory. Im trying to use a combination of both methods to identify a good point to buy, but right now, i think its a good time to go short, not long.
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