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| Alias Born | 03/17/2014 |
Wednesday, May 07, 2014 4:12:05 PM
How is the the chart looking to you now? Did you see my next picks on your board? I've got a feeling my days of averaging down BAA are just about over. If not it could be a long wait until till Q2 production and then Q2 earnings.
The Keltner Channel mid-point is kissing the MA(20) and the upper channel is still playing "I'm not touching you." with the MA(50). Everything points to a reversal. What remains to be seen is if it turns into a breakout or just a pop to fill those higher candle body gaps. I like the way Accum/Dist took a little turn north. Now if the MFI can turn and the then RSI...Boom!
I have a feeling Q1 financials will have a lot to say about that. No borrowing and Namoya on track will mean liftoff. Heavy borrowing and a Namoya setback will mean I'll be averaging down again and this time at a new 52-week low.
The Keltner Channel mid-point is kissing the MA(20) and the upper channel is still playing "I'm not touching you." with the MA(50). Everything points to a reversal. What remains to be seen is if it turns into a breakout or just a pop to fill those higher candle body gaps. I like the way Accum/Dist took a little turn north. Now if the MFI can turn and the then RSI...Boom!
I have a feeling Q1 financials will have a lot to say about that. No borrowing and Namoya on track will mean liftoff. Heavy borrowing and a Namoya setback will mean I'll be averaging down again and this time at a new 52-week low.
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