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Post# of 346046
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senrex

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senrex

Re: None

Wednesday, 09/29/2010 2:59:37 PM

Wednesday, September 29, 2010 2:59:37 PM

Post# of 346046
FWIW: I hate to give people hope from Technical Analysis, but two things stand out at the moment:

(1) On the weekly chart, there is a pending bullish crossover on the MACD oscillator.

(2) On the daily chart, 6 out of 8 technical indicators that I follow are sporting positive multi-month divergences. The indicators displaying positive divergences:

RSI Ultimate Oscillator Money Flow Index
MACD Full Stochastics CCI

I'm ignoring a developing potential bear flag on the weekly; if it played out, PPHM would be out of business.

swg_tdr.....any thoughts?

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