has this been oversold?, page-6

deltalady,
I think what I am trying to say is - I expect FEA to hold up at this price (33c) - it tested 33c and moved higher on thursday.
If it starts to fall and 33c fails, 31c becomes the next significant support point. If it falls lower than 31c it has fallen out of the upchannel and then the uptrend is over.
If it falls out of the channel the weekly fib levels would see possible support at 27c then 18c. Of course these levels may never be reached.

Good luck - hope you don't get confused by the analysis- remember this analysis could be way off reality as there is never any guarantees.

Best of luck


Commy