RE:Penaltly Box
Dojitrader15 wrote: Geez...you can't count either??? That's 4 for 4 and when FGD's suicide assisted halt is lifted it will be 5 for 5.
I sure hope you guys can all fit in the penalty box that the market is going to put FGD in.
See ya at 0.46
Hey Doji,
Apology accepted!
Question based off your technicals?
How do you see a $0.46 shareprice?
On the 6 month chart, If I annotate the highs and lows I see a range of $0.60 - $1.10.
I see first level of support at $0.74 (Which is 21 dma)
I guess next support would be a pyschological barrier at $0.70 which is the new PP deal.
Next, I see the 50 dma at $0.482. Do you think it will trade all the way there and hence your prediction??
The 21 dma, above the 50 dma, above the 200 dma usually equals a pretty stong uptrend.
I also see since beginning of November that the shareprice has never really closed below the 21 day moving average. I guess there is always a first, but it would have break through a couple support barriers to get there first.
Thanks,
FI4