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Post# of 704019
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ItsAllCyclical

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ItsAllCyclical

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Re: None

Tuesday, 03/25/2003 1:48:32 PM

Tuesday, March 25, 2003 1:48:32 PM

Post# of 704019
Hope a few of you jumped on RRI breakout

http://stockcharts.com/def/servlet/SC.web?c=rri,uu[h,a]daclyiay[dc][pb50!b200!c200!c50!c13!c21!f][vc....

Might be the last time for low 4's.

Broke out of pennent formation since mid Dec.
Broke above 13 and 21 ema's.
Broke above 2 year downtrend line since the mid 30's.

I don't suspect the 200 dma will be much resistance.

In the next couple of weeks the 50 day moving aves should cross the 200's which should encourage another round of new technical/momentum buyers.

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