Posted On: 06/20/2013 9:23:03 AM
Post# of 89062
Re: xtremepicks #1103
WPNV Daily Chart ~ Huge Bounce off the MA20 Yesterday
Good Morning XP and all. I was out a good part of the day yesterday and will be out most of today and tomorrow. I just wanted to drop off a chart showing that rebound off the MA20 yesterday. Those that entered near the MA16 and 20, found an excellent entry as the stock saw more than a 50% move from the intraday bottom. The stock closed above all its moving averages, but a few of the indicators continue to be in an overbought condition. That's normal after a run from .01 to .095 in such a short period, and the indicators are now resetting. Have a great day!
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