Replies to post #1199 on Mostly: Classical

[Zolt]

Kirby49 would be a better to read the charts plus give you technical analysis of the stock, since he has invested it it.
I can tell you that its main support level is @ 6.41 and its main resistance level is @ 6.54, when it passes that the next resistance level is 6.73.

[Frank Pembleton]

JR ... technically FNX reminds me a lot of Ivanhoe before it finally got traction. ST it's half fugly -- half sweet.

Things that I like:

1) RSI -- above 50
2) It's trading above the 40 day MA
3) OBV shows positive accumulation
4) MACD -- positive diversions (when that happens MACD becomes a leading indicator)

Things that I don't like:

1) Death-Blow on the Fast STO
2) The volume is drying up
3) Double top chart pattern
4) A weak Wilder's DMI (ADX)