GREY:ATIVF - Post by User
Post by
littleguy21on Jun 22, 2008 12:04pm
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Post# 15214354
trend
trendI know alot of people hate ta or don't believe in it. Act has been in a very slow down trend for a long time .
Even though we have alot of buyer's we all so have a lot of seller's as it trends down.
We have again broken long time support level when we hit 0.345 this past week. Another new low isn't a good sign of things to come. The chart after friday's close is sitting in a position where it could have a bump up or continue down some. Until we see monday we won't know the direction. Sitting right on the line where we could start a new base or fall through looking for a new base or starting point of a new up trend before the selling pressure is done.
I'll hold what i have but won't be a buyer until i see a new uptrend start that is supported with something that would return it to a uptrend. Did anyone see discovery channal last night on mine fires that happened in WV some of the phone's failed that they were using .
Act is real we just have to wait for the story to play out and get those aprovals in place. Looks like its going to be a while but worth the wait if all falls into place.
Were down but no out yet. I was hoping for this summer for this stock to get going. Now i'm looking out for the fall sometime.
gl
Littleguy21