Saturday, November 19, 2005 2:02:41 PM
BWDI Monday Gapper...
sitting at resistance... a very little resistance... indicators show a positive move may be in store on the next trading day. if the trend continues like it did on Friday... which was highly unusual being a day before the weekend and closing strong upward... the trend may be to move this up again.
Moving Averages are adjusting to how they should be and are driving the price up... the 25ma is heading toward the 50ma as well as the 13ma... which wants to catch the 5ma... broke across the 50ma already.
Past history dictates that if the trend continues, it will break out and move toward its old highs...
Get in early and ride the wave this week... should be a good one.
sitting at resistance... a very little resistance... indicators show a positive move may be in store on the next trading day. if the trend continues like it did on Friday... which was highly unusual being a day before the weekend and closing strong upward... the trend may be to move this up again.
Moving Averages are adjusting to how they should be and are driving the price up... the 25ma is heading toward the 50ma as well as the 13ma... which wants to catch the 5ma... broke across the 50ma already.
Past history dictates that if the trend continues, it will break out and move toward its old highs...
Get in early and ride the wave this week... should be a good one.
Dragon
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