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Javo Beverage Company Inc. Message Board

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  • nordbergscousin nordbergscousin Mar 8, 2010 7:25 PM Flag

    I can't get rid of the POS

    gap 'n go two days in a row. we've got 4 clear bottoms on the daily chart about 1 month apart each at .10, .11, .12, and .14
    from the low of .10 to the high of .21, JAVO has pulled back to and held the 61.8% fib retrace level which sits at .14. it's now back above the 50% retrace level of .15 and challenging the 38% level at .17.
    path of least resistance now is back to test .21, most likely before earnings released Wednesday.
    IMO, we'll test .24 on the next spike and maybe overshoot to .25

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