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[QUOTE]Originally posted by ruskin_muskin: [QB] [QUOTE] 2-3 sequential closes (not prints) below .030 could easily be the "death knell" as all known factors now stand... [/QB][/QUOTE]why the "death knell" tex??? hanging around 0.03 for 2-3 days would only be it holding support around the 50 day MACD. do you want me to show how many charts hold support on 50 day MACD before popping up ( if company is beleived to have future).. check fgfc chart for getting insight on how stock can hold onto 50 day MACD.. it held onto that support for entire month of june. i can show you tonnes of more examples.. your chart analysis in this case hints towards scaring readers/shareholders to sell of their position rather than any real facts.. and newbie chart readers can get confused as to what indicators have to be looked for while reading charts.. [/QB][/QUOTE]
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