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Wednesday, November 16, 2005 7:59:24 PM
The stock had a humungous volume breakout Nov. 16th. The TA indicators have responded... go and look for yourself as to what they are saying.
Please note MACD, ChiOsc crossing zero Nov. 17th, Fib MA62/144 crossover today, etc, etc. All cylinders are firing. Nothing, absolutely nothing, is off key or kilter here. And, Wms%R gave up a little room to breathe today....
Annotations are fresh as of early evening Nov. 16th.
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The Upper Trend Line of the Ascending Channel and the middle Tine of the Pitchfork Intersect at 0.05. You can't see it here, but on a longer time frame chart it is most evident.
As time goes by, we'll be able to see evidence of this, or how it varies as the stock plays around a bit on the way up.
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