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TheDane

04/21/09 11:31 AM

#159058 RE: Pepsiman2001 #159057

Not a TA guy but I'll post the chart and let someone take a whack at it...
I notice the RSI is resetting below 70 and we're still above 50ma. Last year the stock corrected all the way back to the mid .30s after the intial run up, then ran back to .60.


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wzebra33

04/21/09 11:46 AM

#159061 RE: Pepsiman2001 #159057

The +DI line of the ADX always shows the peek of a run (IMO)
One of the best indicators.