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Gok

Followers 16
Posts 2660
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Alias Born 10/19/2004

Gok

Re: jdcpa1 post# 243

Saturday, 02/04/2006 12:36:29 AM

Saturday, February 04, 2006 12:36:29 AM

Post# of 1036
Hey JDCpa1, no problem, i'll give my thoughts on FDEG.


This one actually came up on my scan a few days ago. I put it on my watchlist this week. We can see from the 6 month chart that it looks almost like a cup handle has formed here. Its currently sitting at .089, the next resistance major resistance point is .09. Now about the indicators here,id like the RSI above 70,and ADX to break 50. The indicators will fall into place if the break above .09 occur. also we could use a little more volume, about $80,000 moved through this stock today. I usually like to trade stocks with $200k+ . But anyway i hope this helps and good luck.






None of my posts should be considered buy or sell signals, before you decide to buy do your own DD.

Remember ,"buy high sell higher"!

Gok Charts
http://www.investorshub.com/boards/board.asp?board_id=4961

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