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northam43

03/12/07 12:41 PM

#9379 RE: EspressoCoffee #9377

EspressoCoffee - I'm not so sure about that. I believe we are on the edge of a major upside move. On the QQQQ Daily the CCI(12) is at 18 if it crosses above zero we will get a good up move. Also the 3 EMA is only 9 cents from crossing the 8 EMA another bullish sign. Currently support is at the 8 EMA 43.06. Right now the ST charts RSI(5) are all in OB area, so we could get a slight pullback (nothing I would short). If you take alook at my Daily, Weekly & Monthly charts that I posted this weekend you will see where we are going. So far the path is on track.