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Re: burne420 post# 1983

Friday, 03/14/2014 10:37:57 AM

Friday, March 14, 2014 10:37:57 AM

Post# of 63744
It's not just the 200, there's a whole cluster of resistance around .73 on the daily, see link. Run a straight edge across the chart to see it clearly. Another volume day like yesterday would do it. That said, that's a lot to ask for.

Hopefully we just consolidate here for a while and move up later in the day. Hard to predict though considering the strong market forces that was holding steady in a trading range for weeks. Maybe they're not done yet. Most of the time though, when you get a break on volume like yesterday, you see an upward follow through.

http://stockcharts.com/h-sc/ui?s=BAA&p=D&b=5&g=0&id=p55098779423

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