InvestorsHub Logo

xZx

06/29/09 11:21 PM

#18505 RE: wolyton #18504

daily chart ~~~>

looks to me like this dip was bought, and whoever is buying isn't quite done accumulating yet. if you look at the tape we had volume on the ask. large blocks.

note how the MFI is correcting to the upside again? fast stochastics also are rounding the corner imo. check out the indicators circled in yellow.