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Re: None

Monday, 04/28/2008 5:03:46 PM

Monday, April 28, 2008 5:03:46 PM

Post# of 45
Looking at the daily chart...the 50, 100 and 200 EMAs are all bunched around the 1.70 level. RSI and MACD appear to be rolling over which would tend to make me think we have one more pullback to the bottom of the channel, around 1.35-1.50 before the breakout that I would expect when the new resource calc is released. So I am watching this fairly closely. If 1.70 stays as support then I will revise my outlook. I could do without the pullback but the market don't care what I think.