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Wednesday, June 16, 2010 2:33:31 PM
you can see the quiet accumulation at the bottom of my chart where the OBV and Accum/Dist are up near the top, and the ChiOsc is a healthy +25M. stochastics are all over 50, yet below 80. this shows the stability. shares it's not overbought, yet shares are being taken when available.
moving averages are all lining up. 10MA just crossed through the 20MA. long as that holds an upmove is in the cards. i'm not very good at projecting time frames but with the bollies getting tighter and tighter i'd say this doesn't have more than a week or so to make a move. it just needs volume. and with volume will come momentum.
good luck to ALL
rich
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