Todays action could be interpreted a couple different ways.
Candlestick speaking we ended up with a hanging man today which can be interpreted as a bearish signal.
However the hanging man needs confirmation and I don't think we are going to get it. There are a couple different factors that weaken the bearish side of the hanging man that should be considered.
1. All afternoon we had a bullish recovery from a morning shake.
2. We ended same as yesterday's close with a majority of the trades in the final hours at or above .018.
3. At close 3 of 4 MM's were still at or above .02 on the ASK.
4. We had a very large volume surge at EOD which continues to signal investor interest in this stock.
I am still calling this to continue the increase through the end of the week and am viewing today as a day of consolidation. I am very interested to see how tomorrow goes!
Unfortunately I will be rather busy tomorrow morning and won't have time to do more than check in now and then. You will have to ammuse yourselves tomorrow. (I know...you'll miss me SOOO much)
GLTA!!!
The Bigfoot
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AMSN is at a beautiful buy point right now, everyone needs to get it as low as posible this thing is lookin good for another little jump. 80-100%
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Any PR that anyone knows of coming up on this one? Last PR was in June. When does the oil and gas industry along with alternative energy plays heat up again?
This one looks like it's damn near bottomed out and ready for a bounce.
I'll be watching this one. Up 8% today 1 mill volume.
-------------------- Paranoia, fear and greed is good.
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