Posted On: 04/04/2014 4:43:36 PM
Post# of 56324
Thank you
Today's close .0837, showing declining volume with bounce off 50 SMA and and a close over .0820 which is 50% Fib retracement. Today's open and close were both under under trend line indicating Monday will open down and unless pps holds at the 50% FIB of .0820 then next FIB retracement at 38.2% is .0746 which has multiple support points. For those using good until filled limit orders, if .0820 fails then .0746 would likely get filled and possibly see a bounce back to.0895
Today's close .0837, showing declining volume with bounce off 50 SMA and and a close over .0820 which is 50% Fib retracement. Today's open and close were both under under trend line indicating Monday will open down and unless pps holds at the 50% FIB of .0820 then next FIB retracement at 38.2% is .0746 which has multiple support points. For those using good until filled limit orders, if .0820 fails then .0746 would likely get filled and possibly see a bounce back to.0895
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