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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (46491)1/18/2011 6:14:21 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68212
 
Most of the buyers came in at the $3.00 range which is now long term support. A smaller number of buyer have come in at the $4.00 to $4.50 range.



It is currently consolidating and waiting for news to move it one way or another. Currently the intermediate trend is up, short term it could go up or down though.

A break of the 100 sma would indicate a serious change in the outlook.