Next week will be the week!!!

12 ต.ค. 2013

50MA is coming up next week and the last two times it hit... it exploded. The handle has solid definition and support at 2.00 with strong bids at 2.05-2.06. There are major trend lines coming to confluence at the end of next week. And by that time the Stoch and MACD should be in line for a upward trend. Due to the large float the machines will take over and stop the majority of the DT/swing traders out... I see it hitting below 2 but not below 1.90 and the further out in the week we go the less of a dip do to the trend lines. But with out inept gov you never know as they were the reason for the nose dive and big red candle this week as it was taking off... I think this in the end is a good thing as we are still building a solid base.

Has been on my radar since .72... long since 1.52.... avg... 33,600 shares @ 2.14