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Re: elliot1234 post# 117542

Thursday, 04/05/2007 9:29:26 AM

Thursday, April 05, 2007 9:29:26 AM

Post# of 326352
Elliot, charts ... (edited)

The Daily Chart is interesting.

All indicators look good, as I've said they've looked good for a number of days now, positive crosses going back to a day or so after that last touch of .04. Prelim buy signals were given by March 26, and the next day's close above that downtrend line kinda sealed it in. All that is just TA, irrespective of what's going on 'behind the scenes' LOL.

NEOM is pinballing between .05 and .06 obviously. Who knows why. Could be MM's helping themselves to 20% swings for 3 days in a row, or helping someone else, or just chatter while the market figures out what to make of all the news, and waits on the next bit of news. Some good followup news today would be very cool IMHO.

(edited to add): And of course the previous resistance at .05 has now turned into support for the time being.



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