Posted On: 07/01/2014 9:40:53 PM
Post# of 777
ENDO Chart #3: As this chart shows 0.040 is a solid resistance zone……..if you take a look back at the end of April & beginning of May you'll see the 0.040 zone was a prior support level……
....what was once support becomes resistance & what was once resistance becomes support………
that being said the 200 DMA @ 0.048 is the next major resistance level on "this" chart………..if ENDO can close above 0.040 the chances are high MA(200) resistance will be tested……..when ENDO forms candles above the 200 day moving average it should signal good times ahead!…………..$$$
http://stockcharts.com/h-sc/ui?s=ENDO&p=D...3753746767
http://stockcharts.com/h-sc/ui?s=ENDO&p=D...3753746767
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