Wednesday, April 3, 2013

Trade Set-Ups 4/3/2013

downtrend continues look to short below 420

short setup, falling below 50ma and support

looking for this to head to $11

breakdown after long consolidation, could be headed back to earth

short setup, break down after consolidation falling below the 50ma

weekly view: needs to have a lot more buying volume to breakout from this longterm resistance.

weekly view: coming back to test this breakout level

potential short set up if it falls below this long term support

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