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helraiser

06/29/07 2:01 PM

#44141 RE: Hahn #44132

I think it's going to be either pulling back or trade sidways for a few days. It's been climbing fairly well for a while and is reaching overbought state. No end of money being put into it and macd is in a bullish run. Looks like there's still enough volume to continue its run but it'll retrace slightly.

of course i'm a network specialist by trade and am new to this chart reading game so don't take my word for it! :)
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Royalflush

06/29/07 2:19 PM

#44155 RE: Hahn #44132

RE: BCON, I don't know its a buy or not, on the 6mo chart its down trending and 3mo chart shows an uptrend which is bullish RSI14 is over 70... little toppy on indicators. resistance at 1.29 and support at 1.1, 1.075 area IMO :)