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Message: What will be needed?

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Re: What will be needed?

in response to Re: What will be needed? by red911

posted on Mar 09, 09 12:51PM

7 cents was support ... for nearly 2 months. It became support in late december but was broken on Feb 23 when the stock closed at .065.

Now unfortunately 7 cents is resistance as shown by the large volume by price as well as the 50 day MA. volum has been above average of late ... maybe Red is on to something, afterall cash IS king right now.

http://stockcharts.com/h-sc/ui?s=SGX...

Oscilators not looking good either, watch for volume to continue after Anon is done or dry up ... that will tell the tale

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