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    Tarheelblue
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    Charts on watch for week of Oct 12, 2009

    EEE (Evergreen Energy Inc.) NYSE
    This one has had a major drop off in pps from the $1.10 area to .50 - .60 area currently. Putting this one on watch for a bounce play as we have a pincher set up forming. Just now getting our MA 5 and MA 10 tucking up underneath our current candle for our first line of support which suggest we may now be finding our bottom and nearing a bounce. Typically we like to see these test the MA 20 on the move up which is currently at .75 and trending down. Could be a nice gainer here.
    Last edited by Tarheelblue; 10-10-2009 at 07:04 PM.
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