Wednesday, February 23, 2011 4:51:26 PM
**TDGI Annotated Chart**
Nice build up on the chart leading to a nice run up and new highs. Uptrending MA's will support the move higher and as long as the P/A holds above its 5MA IMO it can go on to see new highs. Nice accumulation as it steadily rises and uptrending MACD which ideally bulls want to see trend higher as well. So far so good, but IMO a chance of a pullback is there as the P/A is far above its MA's. Pullback to test the 5MA could come.
Remember to member mark me and visit my board "Another Winning Trade" to request a chart and take part in the daily chatter.
IMO..
Nice build up on the chart leading to a nice run up and new highs. Uptrending MA's will support the move higher and as long as the P/A holds above its 5MA IMO it can go on to see new highs. Nice accumulation as it steadily rises and uptrending MACD which ideally bulls want to see trend higher as well. So far so good, but IMO a chance of a pullback is there as the P/A is far above its MA's. Pullback to test the 5MA could come.
Remember to member mark me and visit my board "Another Winning Trade" to request a chart and take part in the daily chatter.
IMO..
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