Monday, November 28, 2005 8:59:34 AM
YHOO Charts For Last Week...
The chart pattern since mid-October is 'stair steps up', one of the most bullish patterns I know...It's also consolidating in an uptrend the last five sessions...The OBV, CMF, CCI, and A/D line are showing strength...The RSI is still in the 'Power Zone'...The ADX is showing the uptrend is still intact, while there is a slight convergence of the DMI's...The Stochastics are downticking from Overbought...And the MACD is still strong, and the Histogram is holding up well above zero also...The Volume has been diminishing as this consolidation phase draws to a close...The next move?...Will most likely be up later this week...JMO
YHOO is consolidating in an uptrend--Bullish...The OBV and A/D lines continue to show strength, even while the CMF Money Flow has declined considerably...The CCI could be signaling a 'Buy' here if it spikes up from here...The RSI upticked Friday...The DMI's are converging, and I wont worry until the DMI+ crosses below the DMI-...The Stochastics are showing very Oversold, and turning up slightly...The MACD took a hit on the pullback of last week...And the Volume has been diminishing for a while now...As long as the pps stays above 41.65 we will remain to hold this Swing Trade in anticipation of a breakout to new 52 week highs in the next week or two...
The chart pattern since mid-October is 'stair steps up', one of the most bullish patterns I know...It's also consolidating in an uptrend the last five sessions...The OBV, CMF, CCI, and A/D line are showing strength...The RSI is still in the 'Power Zone'...The ADX is showing the uptrend is still intact, while there is a slight convergence of the DMI's...The Stochastics are downticking from Overbought...And the MACD is still strong, and the Histogram is holding up well above zero also...The Volume has been diminishing as this consolidation phase draws to a close...The next move?...Will most likely be up later this week...JMO
YHOO is consolidating in an uptrend--Bullish...The OBV and A/D lines continue to show strength, even while the CMF Money Flow has declined considerably...The CCI could be signaling a 'Buy' here if it spikes up from here...The RSI upticked Friday...The DMI's are converging, and I wont worry until the DMI+ crosses below the DMI-...The Stochastics are showing very Oversold, and turning up slightly...The MACD took a hit on the pullback of last week...And the Volume has been diminishing for a while now...As long as the pps stays above 41.65 we will remain to hold this Swing Trade in anticipation of a breakout to new 52 week highs in the next week or two...
PowerPole >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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