Monday, February 13, 2006 12:39:48 PM
RSI-5 update,
thanks gleno, that was my lazy/quick post,
1. resistance
2. support
3. rsi play (double dip?)
4. stoch resistance
ALL, rsi-5 play, daily charts,
Upside target from last week was mid bollingers. As you can see mid-bollinger is creeping below resistance, so we'll have to lower price below $41.50. Worse case for the rsi-5 play is another close below 30 (double dip), Which has the possibility of setting up a break below support (blue).
If that happens, "Your bull fears will then be set in motion" but not a problem, target is still mid-bollingers.
thanks gleno, that was my lazy/quick post,
1. resistance
2. support
3. rsi play (double dip?)
4. stoch resistance
ALL, rsi-5 play, daily charts,
Upside target from last week was mid bollingers. As you can see mid-bollinger is creeping below resistance, so we'll have to lower price below $41.50. Worse case for the rsi-5 play is another close below 30 (double dip), Which has the possibility of setting up a break below support (blue).
If that happens, "Your bull fears will then be set in motion" but not a problem, target is still mid-bollingers.
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