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doc80ca

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doc80ca

Re: Juststocks post# 15

Monday, 05/09/2005 3:03:53 PM

Monday, May 09, 2005 3:03:53 PM

Post# of 1224
BIOM:

Really a mixed bag on the T/A. There was a nice crossover on the MACD. ADX is looking good too although it needs to rise to confirm the DI+ crossover. Nice engulfing white candle today. Although nothing is confirmed it looks like this one likes to skirt the BB20 on the upper end. I'm not sure if you are swinging this one but I would be a little concerned that it is heading to the overbought side although some of the other indicators are dead opposite. I would keep an eye on the ADX rising and continued strength in tha aroon up as well as the DMA's to start widening.



~John~

Protect your investments. Join the NATIONAL COALITION AGAINST NAKED SHORTING(NCANS)
http://www.investigatethesec.com/
http://www.ncans.net/whycare.htm





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