Commenting on Friday trading of SKTO, Trader Clay
Post# of 36728
Posted On: 01/26/2014 3:14:15 PM
Commenting on Friday trading of SKTO, Trader Clay stated:
1) "great looking chart"
2) "healthy consolidation"
3) "bulls back in town"
Support levels to watch:
.0269 ideal
.0229 good
but 200-day moving average is key suppport level, more important than .0269/.0229
Upside resistance
.0329 (area tested twice in recent time)
###
SKTO closed at .0283 on 01/24/2014
1) "great looking chart"
2) "healthy consolidation"
3) "bulls back in town"
Support levels to watch:
.0269 ideal
.0229 good
but 200-day moving average is key suppport level, more important than .0269/.0229
Upside resistance
.0329 (area tested twice in recent time)
###
SKTO closed at .0283 on 01/24/2014
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