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Replies to post #5312 on lowtrade

Replies to #5312 on lowtrade

lowtrade

02/28/07 6:24 PM

#5314 RE: followinsnsr #5312

ERFW

http://stockcharts.com/h-sc/ui?s=ERFW&p=D&yr=0&mn=3&dy=0&id=p90633317065

As I recall this one doesn't seem to follow the TA well. Seems retail has a mind of their own. Right now it's 50/50.

With both positive & negatives pulling at it. 5,10,20 MA about to line up with early entry signal, when 10 crosses 20. A gap below at 11 to 12 pulling the other way. With volume good DMI/ADX 3 day aroon & CMF sell pressure calm, waiting.

Could go to 18,20,22 resistance or 11 gap fill. For a chance for a double bottom turn, next week.

IMO 50/50? Sell targets, profit & loss, use them.