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augieboo

09/26/03 12:31 PM

#8640 RE: pantmaker #8637

pantmaker, it looks to me like it's trying to bottom out.

It's got trend line support:



All of my intraday charts are in oversold, except for the 30 minute, which is close and headed that way.

Daily chart shows sto & ppo both oversold, with price pushing down on the lower BB:



The big snag is the weekly chart, which shows a negative divergence between price and stochastic, (just barely confirmed by ppo), plus declining volume on the last run up.




Overall, my best guess is that it should pop for a buck or two here, but anything more than that depends on how much farther down the overall NAZ goes before turning.