RE:Bullish CrossI am of the old school where charts are very important for companies with a revenue history, however, they do have a purpose in penny stock plays. Charts are a composite of several factors in the market, thus more of an expression of the dynamics of forces driving the price up and down. In the case of SKYG, several factors drove up the price, i.e. investment by Eric Sprott, started drilling, reporting of visible gold, and an ongoing promotion and buying of advertising space. During this period, SKYG traded over 85 M shares since July 1. Then the steep decline started January 1 when delays of assays in the industry started rumours that created a feeding frenzy for traders to begin selling, all the while knowing that the buyers would be thin and the price would be easy to manipulate downward (this creates liquidity and price swings). The bottom of the chart everyone talks about occured mid this week when sellers could no longer push the price down and speculators began buying, thus the bullish 13/34 ema x Friday morning. In theory one would now expect the price to trend upwards based on the following factors, 1) cash in the bank for drilling thus no need to finance and create dilution right now, 2) my sources say drilling continues in NFLD with over 14 holes with more cores being rushed to the lab, 3) assays should be back sooner than later from the core parts with visible gold mentioned before X-mas, and 4) the most important, an Investor Relations campaign to buy SKYG will pick up momentum again given the number of things that can be talked about. I bought more based on my above comments. Good Luck.