Posted On: 04/26/2015 8:14:01 PM
Post# of 2009
Let's see if this current momentum can be sustained. Been a whole lot more people willing to buy at the ask instead of sitting on the bid. There are some resistance points between the current price & the 50 DMA at .023 - I'd say a CLOSE above .018 would show some legitimate strength.
If it can push and hold above the 50, the chart then begins looking a whole lot healthier and an argument can then be made of an actual reversal.
Right now the only money being made is playing off the lows near .012 & flipping those in the .018-.019 area.
Just one guy's opinion here, of course.
If it can push and hold above the 50, the chart then begins looking a whole lot healthier and an argument can then be made of an actual reversal.
Right now the only money being made is playing off the lows near .012 & flipping those in the .018-.019 area.
Just one guy's opinion here, of course.
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