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pro_trader

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pro_trader

Re: None

Sunday, 11/23/2008 5:15:43 PM

Sunday, November 23, 2008 5:15:43 PM

Post# of 39916
I'm hearing chatter that something could be brewing over at NHYT. No specific details unfortunately. But the stock is very overdue for a bounce. The stochastics has been emerging from oversold conditions while the price has been making new lows. The MACD, while below the "0" line is losing downside momentum which normally foreshadows a reversal in the not too distant future. Looks like the stock is a "buy" at current levels and I thik wwe coul see a 30-40% move higher....especially if seasonal factors playout.
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