RE:Looking at the chart again....Seriously, step away from your chart. It must be black and white with concentric circles, and of course spinning. Charts, fundamentals, have zero, I mean zero predictive power on a stock like this. Again, you come off as a newb who read a book on trading but don't know where it is applicable. Why would anyone start buying here. One reason. News. Doesn't even have to be real news. Idiots abound on the .V. But that canard aside news is it. Because before anyone buys based on any MA they are going to look at the quarterly and annual reports. And when they stop laughing they will wonder why they raised their time.
So so if they can come up with something that the baggies believe then there will be buying. If not there won't.
Savvy?