Active Control Technology Inc ATIVF

RE: RE: RE: 20 cents floor

[littleguy21]

Hi inves20
No need for correction.  I agree we had a very nice chart before the down turn or top of the rounded bottom.
I'm looking at the last trend line  down which is a very slow down trend not steep as you say.
As the last line goes down i'm looking across to the left of the chart seeing support level broken through all the way down even though it has been slow getting there.   As the line moves down i'm looking for a support area running side ways or a stop to change the trend.   So far i'm not seeing that happen so the down trend will likely continue.
We seen .19 on the bottom friday although it didn't close there but is a signal we touched another new low since the up trend was in place.   The next 2 levels are .18 and .17  looking across the chart  to the left.
We break .17 then the next line down is way down at .12 if  we don't find real support very soon.
I'm only looking at the charts and dosen't mean it can do what i say only that  it is possible.
Coming from .4 to .20 at close still leaves alot of money to be taken that didn't get out at the top or before now.
We are left with only new po to drive this stock and maybe another partner as we have the rest in place when we got approval for phones.  Where the bottom is i don't know.  I'll only know when the trend changes and is comfirmed
over a few days not one day of trading.  Don't mix a dead cat bounce with a up trend just as you say.
For now its a wait and see.
gl
Littleguy