GREY:ATIVF - Post by User
Comment by
inves20on Dec 20, 2010 12:57pm
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Post# 17871135
RE: hey Inves20
RE: hey Inves20Ok dawgs and crew
my V.CHM call was in June, chart at that time showed little volume and so it did nothing for three months. you got lucky and they migrated to the TSX. changed the whole picture, so they had a flex point. I can tell you the chart has backed off to below the 20DMA after the failure to maintain a 50% of a previous large candle body and that you will not see further upside and potentially lots of downside from here. Chart says take profit .
WDG has a double top and it usually is wise to take a profit on a penny that coms out of obscurity to $2. The recent lower wicks on a failure to make a new high on the second top says profit taking session is long in the tooth.
Chart says take the profit.
Dawg and crew can move on to the next project after they take the gain.