Forget about jd73. Let's look at where things are
Post# of 74986
Posted On: 04/06/2015 12:26:45 PM
Forget about jd73. Let's look at where things are going.
It looks like people are buying again, at least enough to get the price comfortably up into the .08-.10 range.
Let's see if it holds there. jd73 is right that usually after a mid day rally you tend to see a post-2pm sell off again.
But I still think that if it can hold the .08 support, then it may be able to stay afloat at that level the rest of the day.
The volume is low and the price movement upward is in small steps, so that is reasurring that there is a general postive, yet cautious, outlook on the stock.
It looks like people are buying again, at least enough to get the price comfortably up into the .08-.10 range.
Let's see if it holds there. jd73 is right that usually after a mid day rally you tend to see a post-2pm sell off again.
But I still think that if it can hold the .08 support, then it may be able to stay afloat at that level the rest of the day.
The volume is low and the price movement upward is in small steps, so that is reasurring that there is a general postive, yet cautious, outlook on the stock.
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