Tuesday, November 15, 2005 12:30:08 PM
Here's today's chart halfway through the day...
Yesterday's close and today's open were at the lower Bollinger Band...Today's candlestick is a 'Bullish Engulfing'...CMF money flow and A/D had Major upticks...CCI is showing 'BUY'...When the DMI+ crosses up throught the DMI- that will signal another 'BUY'...Stochastics went from near zero to approaching the top in ONE day! (the rubber band was finally let go)...Volume already exceeded yesterdays in half the time...
Next resistance levels are at .029 .0305 .031 and when it takes out .031 the Bulls are fully in charge here...What a change one day makes!...Those of us that called for further weakness were Wrong! and I'm glad we were...The lower Bollinger Band on a Daily chart usually signifies where the bottom is, and the upper Bollinger Band is now sitting at .038 so that is the possible upside to the pps in the near term...
Yesterday's close and today's open were at the lower Bollinger Band...Today's candlestick is a 'Bullish Engulfing'...CMF money flow and A/D had Major upticks...CCI is showing 'BUY'...When the DMI+ crosses up throught the DMI- that will signal another 'BUY'...Stochastics went from near zero to approaching the top in ONE day! (the rubber band was finally let go)...Volume already exceeded yesterdays in half the time...
Next resistance levels are at .029 .0305 .031 and when it takes out .031 the Bulls are fully in charge here...What a change one day makes!...Those of us that called for further weakness were Wrong! and I'm glad we were...The lower Bollinger Band on a Daily chart usually signifies where the bottom is, and the upper Bollinger Band is now sitting at .038 so that is the possible upside to the pps in the near term...
PowerPole >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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