RE: RE: RE: Support or Resistance I don't see any problems with the way the SP has been moving lately. If you look at SCG's chart for the last 3 to 4 months its been following the same pattern like clockwork. Eleven days ago I passed on to the board that the resistance of .325 was not broken... and that we were on our way down to .26 - .24 (the next support level) pending a news release. At the time of my post SCG was approaching several different indicators of being over bought. Now with the chart indicators being at much better levels....ucu as of now or very soon I believe we're ready for our next leg up and hopefully through the resistance of .325. With the TA looking very attactive again, and along with the anticipation of good news being released by the company this is a great time to buy or add to your position. JMHO Good Trading.
Jaco