FFFC Chart: Huge close above the 50 DMA @ 0.0006 l
Post# of 776
Posted On: 07/15/2014 1:14:28 AM
FFFC Chart: Huge close above the 50 DMA @ 0.0006 last Friday & again on Monday..........FFFC in the process of turning the 50 day moving average into support........Parabolic SAR had a bullish flip on the 11th........the green dots are now below the share price.......FFFC is currently trading above the 7, 10, 20 & 50 DMA's.........the next simple moving average resistance levels are the 200 DMA @ 0.0009 & the 100 DMA @ 0.0010.........
If FFFC can turn the 50 DMA into support there's a good chance the 200 DMA resistance level will be tested.........HOD(high of day) on May 30th was 0.0009.......that is the KEY level to break & close above......Fast Sto & Slow Sto are both maxed out @ 100.......no juice in the tank........there was a large decrease in volume on Monday compared to Fridays volume......in order to make a run to the 100 & 200 DMA's it's going to take volume similar to the massive volume on May 30th.......keep an EYE on the volume..........a large increase in Bullish volume should signal it's Showtime..........$$$
http://stockcharts.com/h-sc/ui?s=FFFC&p=D...3072270753
If FFFC can turn the 50 DMA into support there's a good chance the 200 DMA resistance level will be tested.........HOD(high of day) on May 30th was 0.0009.......that is the KEY level to break & close above......Fast Sto & Slow Sto are both maxed out @ 100.......no juice in the tank........there was a large decrease in volume on Monday compared to Fridays volume......in order to make a run to the 100 & 200 DMA's it's going to take volume similar to the massive volume on May 30th.......keep an EYE on the volume..........a large increase in Bullish volume should signal it's Showtime..........$$$
http://stockcharts.com/h-sc/ui?s=FFFC&p=D...3072270753
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