From what you've presented, I see that the MA has just formed a higher low, which hardly supports your assertion, and the current value is above the MA. Looks more like a reversal than a continuation, at least for now. I'd save your thoughts until we see where the next MA reversal comes - if we break above the previous downward reversal point then the trend is, by definition, up.
American Oriental Bioengineering Stirs Up Controversy [View article]
I don't have any specific insight about this company, but the bit about "radioactive photons" is easily understandable by anyone who has ever read the English text on a bottle of Chinese patent medicine - Chinese medical concepts generally don't translate well into English and they usually make no sense whatsoever. The joke is on whoever takes such pronouncements literally. However, I can attest from experience that Chinese medicine works, regardless of the fact that the explanations given make no sense from a western perspective.
As for the secondary offering, the stock had a great run and since the offering has been reduced (not increased) since the fall in price, it doesn't smack of desparation or chicanery.
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Latest | Highest ratedBullish Sentiment Trend Continues Lower [View article]
American Oriental Bioengineering Stirs Up Controversy [View article]
As for the secondary offering, the stock had a great run and since the offering has been reduced (not increased) since the fall in price, it doesn't smack of desparation or chicanery.