Ask Vendit Off Topic Questions

[Vendit]

Bottom forming.

A break above 2295 or below 2208 will point to the general trend.
Main upper S/T resistance is at 2270. S/T support at 2208.

24 month shows extreme over-sold conditions with LT lower support at 2000:

http://www.askresearch.com/cgi-bin/chart?symbol=%24COMPX&exchange=USA&size=640x480&month...

3 month shows the last two candles are now a grouping of bottom reversal formation. (short positions covering)

http://www.askresearch.com/cgi-bin/chart?symbol=%24COMPX&exchange=USA&size=640x480&month...

60-minute chart is flat momentum wise.

http://www.askresearch.com/cgi-bin/intraday?index=%24COMPX&intraday=symbol&symbol=%24COMPX&a...

30 minute shows a possible retest of 2205 area this morning.

http://www.askresearch.com/cgi-bin/intraday?index=%24COMPX&intraday=symbol&symbol=%24COMPX&a...

15 minute shows a new up trend attempt with higher lows in place during the day yesterday. Needs to move and close above 2295 to establish a short-term reversal.

http://www.askresearch.com/cgi-bin/intraday?index=%24COMPX&intraday=symbol&symbol=%24COMPX&a...


JMO

Reid