Today's closing over EMA100 & SMA100 and slightly
Post# of 56323
Posted On: 05/14/2014 4:21:11 PM
Today's closing over EMA100 & SMA100 and slightly over SMA50 is good for tomorrows open however there is still lot's of selling pressure out there. After open tomorrow, MM's are likely to try to repeat 5/13 and 5/14 trading patterns and since it is still early in the month we may see support levels close to SMA200 tested prior to licensing. Given that FITX is in the limelight (good or bad) you can expect good buying opportunities until license is issued.
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