Posted On: 10/13/2014 2:16:21 PM
Post# of 56323
This is what I posted on 10/1/14 (4th paragraph) The low today so far is .0314. I have highlighted the portion of my post from 10/1 which clearly shows .0310 - .0345 as being new lows. The rest of my projected PPS based on TA still stands however I do think we will need to see RSI (Weekly) in the 30 range to see a significant move in the market.
A bump from the most recent low will be a result of retail buyers and at the SMA20 without significant news,.0580 resistance is probably going to be the high next week followed by a move back towards (prior to license) new lows in the .0310 -.0345 (lower) range . When this occurs high volume will then quickly drive PPS back up towards the .0802 (upper) range. Alternately, watch for RSI to get into the mid 30 to 40 range for increased volume. Note that block shares continue entering the market. Obviously, this creates buying opportunities.
Read More: http://investorshangout.com/post/view?id=2090...z3G39gC8zB
A bump from the most recent low will be a result of retail buyers and at the SMA20 without significant news,.0580 resistance is probably going to be the high next week followed by a move back towards (prior to license) new lows in the .0310 -.0345 (lower) range . When this occurs high volume will then quickly drive PPS back up towards the .0802 (upper) range. Alternately, watch for RSI to get into the mid 30 to 40 range for increased volume. Note that block shares continue entering the market. Obviously, this creates buying opportunities.
Read More: http://investorshangout.com/post/view?id=2090...z3G39gC8zB
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