GREY:ENGFF - Post by User
Post by
travelnutteron Mar 27, 2008 2:10pm
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Post# 14911954
So far
So farNot much happening today. No news so players moved on to other more exciting stocks for the while. We have very low volume (someone bought 50 shares?) so the price moves don't mean a whole lot. Our resistance remains at 3.40 and our support level remains at 3.28. Unless we have late action we will hover near yesterday's close of 3.32 (3.31 last I checked) so that doesn't give us much to work with re: candles, etc. We are hovering just below the 20 day sma. Looks like bearish signals flying but nothing to get knickers in a knot. Hold, do something else, cut back on the coffee, and ride out this sideways period until the NR or something solid gets released/discovered. We'll all do well with patience. Too bad DV doesn't use an anchor otherwise we could tie Abdul & Igor to the flukes and let them sing from down below.