RE:RE:Looking forwardWhat's changed.
At the company level, nothing has changed.
In the market, psychology has changed.
The moving averages have been dropping for some time now.
They're somewhat of a self-fulfilling prophecy.
Why buy a stock that's going down?
The stock is oversold.
Friday's volume shows increasing interest at these prices.
The stock is oversold, for the reasons previously described.
It's not unreasonable to expect a rally back above the issue price at some point in the near future.
When the stock trades above the issue price for some time, the short term MA's will turn higher again for the first time in many weeks.
It will take on a whole new complexion.
This is what will happen