AI
Sunday, September 24, 2006 4:26:50 PM
ENER was good for a mini squeeze after this most recent eps , but ran into a wall of resistance on the OB/RSI on the 60min up @ $38 ....
if you can post a 60min chart on ENER , what you notice always for the short=pullback , is after a few failed attempts to go higher 60min chart will show the declining RSI from the first spike into the far OB .
* Then there's also the D-top on the daily on ENER right at that OB $38 level here too , only with the previous poo spikes to ALT was ENER and the others able to achieve those previous overbought ALT highs
(though maybe not overbought "IF" poo went to $100, but didn't of course )
if you can post a 60min chart on ENER , what you notice always for the short=pullback , is after a few failed attempts to go higher 60min chart will show the declining RSI from the first spike into the far OB .
* Then there's also the D-top on the daily on ENER right at that OB $38 level here too , only with the previous poo spikes to ALT was ENER and the others able to achieve those previous overbought ALT highs
(though maybe not overbought "IF" poo went to $100, but didn't of course )
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