AI
Friday, November 18, 2005 8:07:51 PM
You're Welcome! 'bighog'...Charts for this week:
Three very interesting things are on this chart:
Look at the Bollinger Bands tightening--that signals a MOVE is about to happen, and we all hope it's UP...Look at the A/D line--Accumulation is as high now as it was near the Top of the last run...Look at the MACD--the slow line is about to cross up through the fast line, and the Histogram just broke above the zero line...These are All Very Good signs...
The 5DMA is about to cross up through the 10DMA for the first time in one month--Bullish...Yesterday's candlestick was a 'hammer', and today's was almost a 'hammer' but the body was a bit too large...Look at the CMF (money flow) increasing the last few days--Bullish...And most important here is that the MACD Histogram has popped up above the zero line for the first time in one month--VERY! Bullish...The diminishing Volume the last few days is of concern, but a PR out next week will change that...See Resistance and Support below...
Support is at .0201 .024 .025 .0255 .026
Resistance is at .027 .0285 .029 .0305 .031
Bust up through .031 on High Volume and it WILL take OFF!...JMHO
Three very interesting things are on this chart:
Look at the Bollinger Bands tightening--that signals a MOVE is about to happen, and we all hope it's UP...Look at the A/D line--Accumulation is as high now as it was near the Top of the last run...Look at the MACD--the slow line is about to cross up through the fast line, and the Histogram just broke above the zero line...These are All Very Good signs...
The 5DMA is about to cross up through the 10DMA for the first time in one month--Bullish...Yesterday's candlestick was a 'hammer', and today's was almost a 'hammer' but the body was a bit too large...Look at the CMF (money flow) increasing the last few days--Bullish...And most important here is that the MACD Histogram has popped up above the zero line for the first time in one month--VERY! Bullish...The diminishing Volume the last few days is of concern, but a PR out next week will change that...See Resistance and Support below...
Support is at .0201 .024 .025 .0255 .026
Resistance is at .027 .0285 .029 .0305 .031
Bust up through .031 on High Volume and it WILL take OFF!...JMHO
PowerPole >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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