Tuesday, August 31, 2010 12:08:27 AM
Charts are looking great, and are setting up for a nice run. The candle chart has confirmed our reversal pattern from the other day, we should see some nice upward movement from here. Also RSI and Williams are showing an oversold state in the stock indicating the price is undervalued now and a price correction is required. Also MACD is starting to curl up and preparing to cross, this is the buy signal we have been waiting for. Over all this should be a very strong week for technicals and we should see the start of a nice run.
It takes 20 years to build a reputation and five minutes to ruin it... Warren Buffett
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