Tuesday, January 04, 2011 7:34:40 PM
All of the technical indicators are pointing up nicely...
Except for the upper Bollinger Band (red line above the candlesticks), which is usually a place where heavy resistance can be found...It will take massive volume to get the upper BB to start moving up, and the candles will keep bumping their head up against it as it tries to push that upper BB up...The good news is the volume is really starting to pick up...Much higher than average over the past few months...
Except for the upper Bollinger Band (red line above the candlesticks), which is usually a place where heavy resistance can be found...It will take massive volume to get the upper BB to start moving up, and the candles will keep bumping their head up against it as it tries to push that upper BB up...The good news is the volume is really starting to pick up...Much higher than average over the past few months...
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