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Message: 50 / 200 DMA Convergence

50 / 200 DMA Convergence

posted on Feb 23, 2009 06:10AM

On September 28th the negative cross over of the 50 & 200 dma's sent the share price tumbling from 1.30 to 1.02 with a close 1.18 and sealed the fate of the eventual slide to .57.

We are now getting the bullish cross over at 1.39. Will it have the same effect and send the share price to new highs?

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