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dmlabuda

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dmlabuda

Re: Bruce the Stock Guy post# 19818

Thursday, 11/03/2011 1:15:57 AM

Thursday, November 03, 2011 1:15:57 AM

Post# of 117821
Bruce, RE: your PM, I've been following you for some time now. Since, I'm here on the NBRI board, let me give you my latest chart update. The NBRI daily chart is showing Overbought readings on all the oscillators that I follow. The trend has been drifting lower, there is tension in the MACD and it looks to me like we will see yet another test of support at the 200-Day SMA which could possibly fail this time. If support does hold there once more, then there is a good chance that a rally could blast back and break through the overhead resistance and on to new highs. Currently it does look like to price is headed lower at least temporarily. NBRI - Daily Candlesticks

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