Replies to post #349 on Learn to Trade

[DonLeopoldo]

SIVC Annotated Chart:

Could have done a last dip with a higher low and beginning a positive divergence in MACD and RSI indicators.

Volume is low in this last dip, probably due to last days of 2008 and some tax-loss sellers.

If there is an R/M at MTCH, then SIVC should move up strongly.



SIVC_2008-12-31.JPG






imho.

[DonLeopoldo]

M


MTCH_090211

lets see if the CEO wants to sell all his paper, or if he's waiting for the giant chinese R/M, LOL !!

within 3 to 5 weeks we should get the answer, above or below $2-4$ range !


imho.