Thanks LG. Hey, have you looked at LU lately? It looks to me like a good candidate to go long if this thing extends, but I'd sure like a second opinion.
And wadda ya know, I just happen to have a few charts handy. Imagine that! {g}
Note: The official excuse for the huge drop on huge volume of late, I believe, is that one of the (recently departed) board members is a schmuck who got caught with his hand in the cookie jar at XROX.
The weekly looks pretty mixed to me, but it seems there is enough there to support another good-sized up thrust and support in the ~2.00 zone looks like it should be pretty strong.
Here's a one-year daily view, showing that the STO is turning up, the MACD/PPO has flattened out, and while buying and selling power are both trending in the wrong direction, they appear to be wedgie.
Here's a shorter-term daily view which shows "The Plan" (such as it is).
Here are the intraday charts with indicators. They are a mixed bag. The 120 has bottomed and is just turning up, while the rest of them are all over the place. My current guess is that the 60 minute needs to bottom once more for everything to line up, i.e., indicators and my buy/stop loss levels.
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