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Re: livero post# 3094

Thursday, 10/08/2009 9:18:07 PM

Thursday, October 08, 2009 9:18:07 PM

Post# of 15230
Here's my take on the chart.
From Stock charts 3 mo. chart
RSI is above 50 and not overbought.
Slow Stoch is set up perfectly and holding above 50.
The ADX confirms it along with on balance volumne.
The 50 DMA has crossed 200 DMA.
The true support was not .008 it is more like .0076 the previous 4 highs from Sept 28 to Aug 20.
We are holding the 13 day moving average very well. That is key.
We are good to go unless someone sees something i don't. GLTYA! Builder

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