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Monday, April 26, 2010 10:24:58 PM
Syyn,
Looks like the 2 year downtrend has broken as you can see in the long term chart I posted first. In the 2nd chart , the 6 month, you can see the new ascending support line. If the RSI breaks through its support line in the next couple of days it looks like it will test the PPS support line. The MACD on the 6 month is starting to head downward too along with a huuuge RED volume day, so I would guess we are heading back down to that pps support line.
[URL=http://img265.imageshack.us/i/cbc1.jpg/]
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Uploaded with [URL=http://imageshack.us]ImageShack.us[/URL]
[URL=http://img94.imageshack.us/i/cbc2.jpg/]
[/URL]
Uploaded with [URL=http://imageshack.us]ImageShack.us[/URL]
Looks like the 2 year downtrend has broken as you can see in the long term chart I posted first. In the 2nd chart , the 6 month, you can see the new ascending support line. If the RSI breaks through its support line in the next couple of days it looks like it will test the PPS support line. The MACD on the 6 month is starting to head downward too along with a huuuge RED volume day, so I would guess we are heading back down to that pps support line.
[URL=http://img265.imageshack.us/i/cbc1.jpg/]
[/URL] Uploaded with [URL=http://imageshack.us]ImageShack.us[/URL]
[URL=http://img94.imageshack.us/i/cbc2.jpg/]
[/URL] Uploaded with [URL=http://imageshack.us]ImageShack.us[/URL]
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All posts IMHO
--SMD
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