TSXV:ART.H - Post by User
Post by
goldtoeon Jan 22, 2010 10:03pm
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Post# 16710651
held back
held backThe 60, 120 and 200 DMA are within about 10 cents of each other. Everytime it tried to breakout it got sold-off again.
this technical setup almost ensures gapup and it could be significate as many houses are trying to get a decent position in Vast. It looks like we could see a .40 or 50 cent gapup... once it starts to make a big move then many will jump aboard not wanting to miss getting a position. This theory isn't written in stone but technically and fundamentally it is oversold... this could lead to a large move in price.
have a good weekend folks.. it won't be long now before we see better s/p's
salute