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Message: RE: May we drop for the rest of the week until 70 cents so I can
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RE: May we drop for the rest of the week until 70 cents so I can

posted on May 09, 2006 04:34AM
Not going to happen this week. Oversold on the technical side. I do predict breaking out of the wedge formation this week. Negatives, The resistance line is more predominate than the support line. It will fall out of the formation on no news. Positives, the oversold condition and putting in the higher low. I was shooting for .70-.80 myself, misread the chart, and was resigned to re-enter at .93 yesterday.

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