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Sheep

12/12/09 12:04 PM

#2156 RE: lostiniraq #2155

I love that chart. Looks great, now if I can just pick up a lot more shares before takeoff.
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relikwie

12/12/09 3:43 PM

#2157 RE: lostiniraq #2155

Accumulates nicely for some time now, but needs some really good news to break out since last run. I think that when news lacks the coming days, a decline back to last resistance area 015? is possible.

bought this one at 027 as a short term and risky speculation.. Hope that developments hold momentum.
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trading.jeff

12/12/09 3:50 PM

#2158 RE: lostiniraq #2155

FWIW, there was a "golden cross" on Friday, the 50SMA crossed the 200SMA.

Also, if you add the MFI(14), Money Flow Index, to the indicators, you will see that this has been increasing over the past week and a half, indicating accumulation, IMO.