Monday, December 18, 2006 9:14:32 AM
Is that a reversal signal, or a continuation doji?...
I've been following RBAK since June of 2005...
I'm hoping for a pullback that forms a Bull Flag like these...
RBAK forms them quite often:
Here's another look at a daily chart:
The weekly charts show two huge green candlesticks in a row, and that usually calls for one more...
With the Dow futures being up 22 points this morning, and the Nasdaq futures being up 10 points I wouldn't be going Short on RBAK just yet, but I do feel like it needs to take a pause soon to catch it's breath after running so hard lately...
Good Luck To ALL ;^))
PowerPole >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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