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Re: rattlewatch post# 48

Friday, 07/01/2005 6:32:19 PM

Friday, July 01, 2005 6:32:19 PM

Post# of 47295
rattlewatch

This is a very well followed and highly traded stock, that moves on monentum runs on public PRs. Normally these types move in slopes not major runs. It's in a 3 month up slope now, after a 3 month down slope.

It's at a good spot now, just reaching the 3rd resistance point of 5, in it's come back up trend channel. Next resistance, $7.75 +/- then $8.10 +/-.

TA indicators look good mid term, but short it's topped the upper 10 day BBand and should retrace to around $6.20/25 before returning to the climb up.

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