Thursday, November 22, 2007
Hohoho! CSC! Interesting. Techical Indicators are ignored as they look the same in most charts, DOWN.
1. Note BLUE Line, RED arrows.
Support for year 2007 was broken today, as I write, yesterday!
2. 200MA
Only broken once in Aug during that correction, IS BROKEN AGAIN!
3. Volume
Very low, period.
4. Next possible support
0.26. Being the last lowest closing in Aug.
** Support and resistance are just but psychological prices, imo.
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Unless you're shorting, nothing much to shout about.
And even if you're shorting, like how traderstudent puts it, "Not much meat unless 0.26 breaks."
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