Posted by: fortunefaded April 17, 2009
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I agree with inpeace.
Look at the 50 day moving VWAP, the price just touched it. You can see that the VWAP has been providing support quite a few times since the rally started. If it crosses below 3.60, the only direction I see this stock heading is down. Wheel, I don't think you will hit 5.10 in the near future at all.
Look at the 50 day moving VWAP, the price just touched it. You can see that the VWAP has been providing support quite a few times since the rally started. If it crosses below 3.60, the only direction I see this stock heading is down. Wheel, I don't think you will hit 5.10 in the near future at all.
Last edited: 17-Apr-09 02:23 PM