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TEXASOIL

02/22/14 10:01 PM

#23206 RE: vladimir0317 #23205

Its excellent. We cooled off from 80 over the last 9 trading days. After the stock shot up. Now EXMT has taken her breath and is ready for the next move up.
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samplescave

02/23/14 10:20 AM

#23214 RE: vladimir0317 #23205

I agree that the RSI is in fantastic position.

We don't want an exhausted or an Overbought situation here.

Let's look at the Chart Points that show we are in a well suited situation for a nice run up.

1. Yes, the RSI is at 57.90 and has more than enough head room now to allow the PPS to run up through the .03's+.

2. The reason I say the RSI is well positioned is this. Look at the Low Volume and PPS compared with the last few Run Ups.

We had our Lowest Volume day this year at 6.6 Million Friday. The PPS, however, held our new Support level at .01

Now look at the two previous "Relaxation Points" of the RSI.

First being, on or about 01-24-14 the RSI was at 56.00 and the PPS was Support Based at .0019

Second being, on or about 02-01-14 the RSI was at 60.00 and the PPS was Support Based at .004 (PPS support base doubled)

Knowing that now (1) our new support is at .01 (2) the volume was at an all year low on Friday (3) the RSI has rested (4) the CMF is extremely steady (consolidation) (5) and all though the MACD dropped below the Red, the PPS Held Up.

Knowing all this, we are in a GREAT position to see the RSI Green Mountain grow again. With that, the PPS will find new higher support and new higher resistance.

If nothing else, EXMT is a Chartist's Dream.

It appears that EXMT is a very safe buy at .01+ for a Trip or Quad in the very near term.

But what do I know. I'm just a house painter~