Monday, October 24, 2005 11:20:21 PM
BCRX...Is this one going to Run Again???
2Month/Daily:
Is today's doji a reversal signal, or a continuation of the uptrend? I'd be looking for it to set a second low just above 14.00 in the next day or two to enter a Swing Trade with an exit set if it broke below Thursday's intraday low...It so far has support at the 15DMA, and may go test Thursday's or Friday's intraday low...The RSI could go either way but a move up through 70 would be bullish, The DMI+ and DMI- are diverging, the Stochastics are not overbought and the fast line is still above the slow line, and a MACD Kiss could get this one moving Up again if the Volume would pick up here...
2Month/Daily:
Is today's doji a reversal signal, or a continuation of the uptrend? I'd be looking for it to set a second low just above 14.00 in the next day or two to enter a Swing Trade with an exit set if it broke below Thursday's intraday low...It so far has support at the 15DMA, and may go test Thursday's or Friday's intraday low...The RSI could go either way but a move up through 70 would be bullish, The DMI+ and DMI- are diverging, the Stochastics are not overbought and the fast line is still above the slow line, and a MACD Kiss could get this one moving Up again if the Volume would pick up here...
PowerPole >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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