chart chat, page-6

hi all cfe crazies....this stock sure is kooky


the chart below shows a couple of things

1.i was correct with the retracement after surging up thru the bollinger and the resistance level

2.low volume is killing this stock

3.low free float and insiders because of the low volume traded has made it easy to pop the sp wherever they want it.

4.It would be interesting to know if sage dumped at 27-28c

5.The chart is at a critical level if it closes lower today then the bottom of the bollinger band will be tested and almost certainly breached

6.I sold at 27 but will buy again at the bottom of this boll band

7.All other indicators suggest bearish outlook in the short term and very bullish still long term

goodluck