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Re: pusa post# 7115

Thursday, 06/05/2008 3:59:37 PM

Thursday, June 05, 2008 3:59:37 PM

Post# of 11472
Yep Pusa, it has not changed, here's my chart, still the same condition, the 50 day MA and downtrend line has been resistance for 7 months, divergence builds but divergence can build for a long time as we have seen. Currently NNRI is now at the bottom of the channel...let's see if it bounces off the bottom of the channel? That's the thing to watch now.

So far today the low of the day was the bottom of the channel and it bounced off it, so it proves that it is valid.
But until it gets over the downtrend line with volume it will remain in the downtrend.

really sad how all this has played out, but that's life. Here's my chart:

http://stockcharts.com/h-sc/ui?s=NNRI&p=D&yr=1&mn=0&dy=0&id=p40913633799&a=109981374&listNum=39