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Thursday, August 04, 2005 2:57:39 AM
OXFV Addendum: Further Chart Notes of Importance
I believe that a mild retrace is about to take place on the stock, with the price touching down on MA62 just as MA21 crosses up from below and over, supercharging the ascending channel continuation pattern. This will coincide with Green ADX touching down on the black Trend Line for reaffirmation.
You may have already noted the declining leading indicators like RSI and Stochastics, setting this small, healthy move up.
I will be buying heavily at this juncture.
See:
fringe
I believe that a mild retrace is about to take place on the stock, with the price touching down on MA62 just as MA21 crosses up from below and over, supercharging the ascending channel continuation pattern. This will coincide with Green ADX touching down on the black Trend Line for reaffirmation.
You may have already noted the declining leading indicators like RSI and Stochastics, setting this small, healthy move up.
I will be buying heavily at this juncture.
See:
fringe
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