InvestorsHub Logo
Followers 32
Posts 819
Boards Moderated 1
Alias Born 04/14/2005

Re: willsimon post# 2440

Wednesday, 10/03/2007 9:25:27 PM

Wednesday, October 03, 2007 9:25:27 PM

Post# of 2663
Damn Will, now I remember why I graduated you...Nice find.

I'll start off with the negative, which isn't much, the monthly chart is showing resistance @ $82.77 (Provided by the 10 mma), and the MacD on the daily chart is a bit over extended when compared to the 20dma, but It's not a major concern at this point.

The good points are: Monthly chart is trading over the 20 mma, granted this month is new so we wont get a true value till the last week or so. The weekly chart looks fabulous! Fresh cross of 5wma over 10 wma, going by the weekly alone, Along with a fresh cross of MacD which is confirmation,I can see a possible target of between $100.00 and $105.00 (Next resistance level) But hell a $20 positive trade, I'm game!

The daily is suggesting that a small pullback is in order, but like I said before, so what! I think you found a good one here, a bit pricey, but it should make some good money!

Ohh and also, all four money flow indicators are in new or continued upwards trends, money is still flowing in, thats a great sign!

WT

"Everyone has genius in them, you just need to find out what it is" Robert Kiyosaki
http://www.investorshub.com/boards/board.asp?board_id=4809





Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.