Kure Technologies Inc V.KUR.H

Yesterday's prediction

[lookingtogetrich]

The drop came faster than I expected so we did get anywhere near the 20 day MA, but remember these words..... They still hold weight because people are so predictable and history repeats itself again: --------------------------- From about 40 minutes before yesterday close -------------------------- Let me start by saying that I am long and staying long because I beleive in UBS. I also beleive that I do not have the ability to move in and out in time to profit on the dips. Here is my projections based on what little I know about TA and by looking at the trends that UBS has been demonstrating. Personally, I think that this has a high probability of happening. 1)UBS to close today 5.25-5.5 area 2) we will witness a downward trend for a couple of days. Look for support around the $5.00 area 3) We will bottom out at $4.80 at which time we will be bouncing off the 20 day moving average 4)Bounce will take us to near $6.00 5) after a period of testing the $6.00 resistance, we will finally break through and soar up to $8.00-$9.00 6)Repeat cycle