Replies to post #904 on Don't Bite The Hand That Feeds You

[TheInvisibleHand ™]

If that macd and rsi cross over you should see at least a retest of the 270 area, would been good short at 300. If you look at the waves though it suggest a higher wave off higher lows. With that 300 and 310 being its reistance levels. I forgot 290 as well.

[frenchee]

I took a step back and looked at the weekly charts. It appears to be in a basing mode with a range of 234-293. As long as it has a Friday close > 21-week MA, I'm not bearish about it.