Replies to post #6591 on lowtrade

[1stepahead1]

Sounds great.

WilderDMI:I see DI+ and DI- divergence with D+ on top but the ADX below downtrending is a concern.
RSI heading toward the power zone, CMF positive. Where I get hung up is reading buying pressure. How you can tell if the big boys where loading up during the stall channel, and would a run past .60 have enough momo to break .85 resistence.

[TRENDmendous]

Been watching your board for awhile and like what I have seen. Also I have been watching DPDW and believe a 1.04 target is in the works, based on a ascending triangle pattern.

[Razorbucks]

DPDW - let me take a stab, low

Chart Patterns:
Short Term - Ascending Triangle Target: approx 80 cents

Longer Term - Cup & Handle formation possible since mid-Dec 2006. Cup seems to have a nice double bottom base and base retracement of 50% of previous advance. Extended handle needs to be broken soon//Volume needed near-term for breakout. Target showing around $1.

So, the ascending triangle may be the resolution of the handle of the cup. :))



Indicators:
ADX fortells a strong move coming. CMF shows investors knowing it. Should be high on the watch list, imo.