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scmfinance

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Alias Born 11/07/2006

scmfinance

Re: None

Tuesday, 07/10/2007 5:21:01 PM

Tuesday, July 10, 2007 5:21:01 PM

Post# of 95
EPRT is on the brink of breaking a major resistance line. There was nice volume today and we saw a triple MA crossover occur today. If it breaks teh resistance @ .11, this could move nicely tomorrow. The only part I don't like is that the stochastics seem to show that it is fairly overbought and from the stocks history we can see that it usually cannot sustain itself once it hits those overbought levels. If I were to play this, it would be a really quick in and out. First it has to have the momentum to get over the hump tomorrow...
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