InvestorsHub Logo

Frank Pembleton

05/21/09 4:03 PM

#18972 RE: KastelCo #18971

K... this rally took off in earnest towards the end of March from the 50-day MA, the minor pullbacks along the way were touches on the 20-day MA, we've broken that after today - I reckon we're on our way back to the the 50-day MA, simply because I like the symmetry in that. :)

Btw, sideways tomorrow since it's FRIDAY. (...and another long weekend...?)

- which could mean another run up on Tuesday before going back down.

Does that answer your question...?