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Ampio Pharmaceuticals, Inc. Message Board

  • stevemrrtt stevemrrtt Mar 7, 2014 10:35 AM Flag

    support approachng?

    6.61 is the December low, which may be a double bottom support point...of concern is high selling volume (as billwilliams mentioned)...y'day volume 2x the 20day average, only exceeded by Feb 28 selling, 8x 20day average...also of concern is the violation of the weekly 50sma, 6.90, which the first time since late 2012...stochastics suggest selling nearly over...now covering short initiated at 7.25, 200sma...adding to long if 6.61-ish hit or if 200sma reclaimed

 
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