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denmo83

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denmo83

Re: woodfish post# 16912

Thursday, 01/12/2006 7:47:37 AM

Thursday, January 12, 2006 7:47:37 AM

Post# of 79025
woodfish...

I was thinking that the negative divergence and rising wedge had failed (4th chart) due to the MACD rising through it's downtrend line and the price breaking up through the upper wedge trend line.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID345695

I couple that, along with my 1st 3 charts on the buy signal and I remain bullish.

I will scale out of my 100% long position 1/3 at a time as each of those top 3 charts trigger a sell signal.

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