POGI- technicians?

[madcowdisease]

I'm sure most of you know about this one. It's down huge on the week. Anyone here a technician that can pin point where support is on this one? I'd like to get in on the ground floor so if anyone has an idea how low it'll go I would appreciate it.

Thank you.

Any opinions on DWOG are welcome too. It's approaching the 1.80 mark where it has bounced a few times. If this seems like support feel free to opine or if you think it goes lower go ahead and say so. These pennies have some odd charts that are hard for me to identify indicators.

[chinaman711]

POGI support is at .145 and it needs to get back above .17 imo. Today the action was in ERHE and UPDA. ERHE looks to be the play for mon and tue as the signing is tue. They better get this deal signed this time around and many think its a done deal but you never know when dealing outside of the u.s. The stock was strong for most of the day and closed at its high of .845. ERHE was .30 just a few months ago and could turn out to be another cwpc if this deal gets signed if no deal then watch out below. UPDA another that looks real good l/t and imo could make another run back to .50 short term if the traders come back in but long term im looking for more. It seems like traders are taking turns with these little oil stocks running them up and down so for now its best to trade them and hold a little long term imo. DOIG sitting right at support of 1.60 and better not go any lower DWOG support is 1.74. Long term im still a holder of these but short term im buying the dips and trading them. Hope this helps and good luck

[madcowdisease]

Not far off support. Maybe time to pull the trigger.