AI
Tuesday, January 29, 2008 5:36:07 AM
PHUN
This is my favorite of the three I'm posting tonight. Don't get me wrong, this could tank from here. The 10 day and 50 day MA are equal. If the 10 day MA carries below the 50 day tomorrow, a death cross will form (typically bad). If the death cross forms, look for resistance at 0.21.
I also like the ticker (snicker). Does bother me slightly that the doji closed on the long, prior real body's close, but we've seen this before with nice reversals. Dragonfly doji seems to indicate an upward push. Hasn't been to the low of yesterday since early January.
This is my favorite of the three I'm posting tonight. Don't get me wrong, this could tank from here. The 10 day and 50 day MA are equal. If the 10 day MA carries below the 50 day tomorrow, a death cross will form (typically bad). If the death cross forms, look for resistance at 0.21.
I also like the ticker (snicker). Does bother me slightly that the doji closed on the long, prior real body's close, but we've seen this before with nice reversals. Dragonfly doji seems to indicate an upward push. Hasn't been to the low of yesterday since early January.
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