weekend charting, page-61

  1. 718 Posts.
    awesome, i got a few favorite heart thingys, THANKS whoever did it :) Im up to EIGHT! LOL.... yeah, Kinda sad, but still, makes me feel good ^_^

    Darkcloud08- Thanks alot! Here is MAE for you, Hope you bought in on Wednesday ;) Would have been a good one!

    Daily-

    As I said, would have been a nice buy on wednesday as it bounced off the support line. Currently the stochastic looks like it is turning up. Past speed angles (black arrows) show that this may not stop till it reaches the resistance line at 55 cents.

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    Weekly-

    Weekly looks like its in a bit of trouble, with the stochastic turning down. Price is currently in the middle of the upwards channel. Watch out for a return to 30 cents. If the current rally on the daily does fail, and it bounces off 30 cents on the lower support on the daily, Id say it could be a nice buy there. If it did hit this line at 30ish, previous speed angles show it may even rally all the way to a dollar, or at least the resistance line at around 60 cents.

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    Monthly-

    Monthly is currently in an upwards trend. Just noticed i forgot to add a trendline on the three green candles with huge wicks, so that line would likely be resistance. at say around .55-.70

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    Overall, Could have a short term rally too 55 cents. However, watch out for a retrace back too 30 cents. If it does reach 30 cents, could be a nice buy with possible targets between 55cents and a dollar.
 
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