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QuickTrade

03/18/06 4:15 PM

#1252 RE: apilgrim2 #1251

EXAS: Where is the volume on this one? Well, I would like to see a close above $2.75 which would be above resistance and turns out to be above the 50dma. The macd is totally flat so which ever way it turns, is the way the stock will go. I'd like to wait for that confirmation first.
Stochs look good, RSI looks good. The 5 & the 10MA's are starting to turn up on the daily, which is good. But notice the 20 & 50 how flat it is.

That is contributed to the volume and little price movement over the past 2 months. On the weekely chart however, the 5 started to turn up (great sign (thanks to wizetradr)) but the 10 is flat but notice the 20 about to cross over the 50.

I personally don't like this one but it's one to watch.


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villas

03/18/06 8:08 PM

#1254 RE: apilgrim2 #1251

apilgrim2 .. For trade periods of six weeks or less, this would be my opinion....

#1 Vol too low
#2 Weekly shows possible strength but also price being pulled down below $2.50
#3 Daily shows resistence around $2.50
#4 CMF flat, could go either way

Not my kind of trading stock, but if I were to buy I wouldn't pay more than $2.40/$2.50

Would like others to critic my response, for this novice to gain confidence/education.

TIA