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S&P 500
5,738.17
(
-0.13%
)
US TECH 100
19,436.00
(
-0.73%
)
Dow Jones
42,313.00
(
0.33%
)
Brent Oil
72.01
(
0.00%
)
Bitcoin
65,822.11
(
0.05%
)
Post# of 38056
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rldurbin

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rldurbin

Re: Holein1 post# 2171

Tuesday, 05/16/2006 8:21:33 PM

Tuesday, May 16, 2006 8:21:33 PM

Post# of 38056
Yes, the stock wasn't ultimately up by much but it appears to show the first signs of a real reversal since March. Earlier in the day it soared above the 50 DMA, retested .0140 twice and closed just below the 50 DMA. I'll give credit where credit is due -- it looks like stochastics have bottomed out, MACD may be ready to turn soon and the Bollinger bands have tightened down beautifully. Fundamentals aside, the stock price looks technically ready to be able to run.
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