Bouncing off support ???

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analogueman

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Bouncing off support ???

posted on Oct 06, 2011 12:24PM

Looks like we are bouncing off support that was established March thru September of 2010 - just before it took off from $7.50 tp $28. Not that I am expecting the same now BUT the MACD is turning around, the RSI is turning from oversold and we have had two up days in a row. Recovering to 50% of the recent down trend would put us bck at $10 or-so. LOL !!! Okay I'm dreaming. Maybe not.