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Post# of 91007
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jmsbravo

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jmsbravo

Re: None

Wednesday, 02/05/2014 10:34:59 PM

Wednesday, February 05, 2014 10:34:59 PM

Post# of 91007
Technical breakout indicators here:

on a 3 month chart:
- SMA 50 - broken for good
- SMA 100 - broken twice and about to become support
- SMA 20 - broken for good, lows keep bouncing off the SMA 20 which indicates confirmed uptrend

regarding volume we have a green bar after 2 red bars. Selling is weakening as we know that IR and Hanover are out of the picture.

MACD keep giving fake downturn signals, not enough selling to cross down.

RSI at 56, normal.

We may see some sideways trading for a day or two but breakout is coming next week for sure.

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