Re: Technicals

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dys1

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Re: Technicals

in response to

Technicals

dys1

posted on Jul 30, 2008 04:27AM

Now if we review my July 26th message.....

We had a slight gap up on Friday from a close of .23 (Thurs) to an intraday low of .24 (Fri). Stochastic is topping and trading above the upper Bollenger band, a retracement to .20-.21 would not be out the ordinary within 2 days, or .21-.22 within 2-3 days......

What I would like to see today, is that we continue the lower volume, and we stay at a .21-.22 range. ....