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Croesus I

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Croesus I

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Re: Old Frank P post# 144

Wednesday, 10/10/2001 12:31:59 AM

Wednesday, October 10, 2001 12:31:59 AM

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TEO.to daily chart:

Positives: ADX maybe setting lower highs possibly suggesting that the downtrend is lessoning. Slow stochastics, & MACd histogram., although MACd has set lower low & is currently attempting to crossover, albeit at very low levels. The volume spike last week suggest that all the sellers who wanted to dump the stock... did so.

Negatives: Stock is trading below all its moving averages, last 4 candles (IMO)suggest significant indecision. CMF & OBV.
According to the -Dmi - selling pressure is abating & the fact that ADX is still @ 50; is unsustainable over a period of time.

Regards,
Peter

...You don't understand! I coulda had class. I coulda been a contender. I coulda been somebody, instead of a bum, which is what I am.. Marlon Brando 'On the Waterfront'.

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