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TheChartGuru
12-07-2006, 10:22 AM
Tanking. Support at $1.30. Waiting for a buy signal

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ub3rn00ber
12-07-2006, 11:15 AM
TCG do you even look into why it had the fall from grace? Or do you rely only on the chart?
TheChartGuru
12-07-2006, 02:34 PM
TCG do you even look into why it had the fall from grace? Or do you rely only on the chart?



I don't have a clue why it fell from grace. I don't care about fundamentals. I go with what the charts tell me. I just know that RSI is way low and support is at $1.30 and I'm watching it on the hourly chart and the 15 min chart. As soon as I see the Momentum, MACD and RSI curling up, I'm in for a 10% potential profit, hopefully.

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