50MA crossed back down 32MA.The 32MA had formed a flat line for about 3 weeks which could have meant that the price could already be consolidating. PAX attempted to break free from the consolidation last April 4, 2008 but failed. After that, the 32MA have exhibited a downward slope which should caution PAX trader that the price could revisit the recovery line (Line 1) which will be crossing April 14, 2008 at 3.30. If line 1 will fail to hold, price is bound to revisit 3.10 or 2.95.
I have added a monitoring on the sidebar of the recovery line (Line 1) so you will know at what level it will cross the day. It is upward bias so it is changing everyday.
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