************************************************************* Posted by: pennies2007 In reply to: None Date:12/6/2007 9:46:04 AM Post #of 8467
Updated chart for PLKC. Short term MACD, RSI2,RSI5, CMF and Accum/Dist are looking good...all are turning up.
We need the TRIX and ADX lines to start moving up now. They're just about bottomed out. If they start to turn up, we'll begin another uptrend. Selling looks like it's about overwith. Accumulation phase beginning. **************************************************************
And this one: *************************************************************** Posted by: pennies2007 In reply to: JusDePomme who wrote msg# 8330 Date:12/6/2007 10:00:58 AM Post #of 8467
That's actually a good thing. Most turnarounds coming off the bottom begin with a low volume day right before the breakout. The chart is just about ready. Another day or two and we should move up from here. However, if there's any more heavy selling, down we go.
My guess is we consolidate right around here and move back up[/B]...all IMO of course. Looks like a good support level in the low .002's right now. ***************************************************************
Now, here's the updated chart including today's action...
Remember this:
1) Charts never lie 2) Charts know there's news coming before we do
Cool stuff huh?
Enjoy! Everything is looking good for PLKC right now guys...
*************TRADING AND EMOTIONS DON'T MIX!*************
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