InvestorsHub Logo
Followers 8
Posts 266
Boards Moderated 0
Alias Born 01/10/2004

Re: willsimon post# 2651

Wednesday, 12/05/2007 8:15:21 AM

Wednesday, December 05, 2007 8:15:21 AM

Post# of 2663
Just took a look at the egmi chart and though it doesn't look vg there are signs that it is already in an oversold position with investor indecision as to what they want to do. The current candle is bouncing off the 20ma and could very likely signal a short term bottom and buy opportunity for a 22%bounce back to around the .85 mark.... A bit too early fo me yet but for now it appears relatively stable with good support.

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.