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Replies to #96 on Radio One (ROIAK)
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chmcnfunds

10/27/10 3:07 PM

#97 RE: Xavier1900 #96

There isn't anything to not like about the chart:

http://stockcharts.com/h-sc/ui?s=ROIAK&p=D&yr=0&mn=3&dy=0&id=p41834726279

SmarTrend only notes the 200 dma as resistance in a blurb today:
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SmarTrend identified an Uptrend for Radio One (NASDAQ:ROIAK) on September 08, 2010 at $0.85. In approximately 2 months, Radio One has returned 19.5% as of today's recent price of $1.01.
Radio One is currently above its 50-day moving average of $0.83 and should find resistance at its 200-day moving average of $2.47. Look for these moving averages to climb to confirm the company's upward momentum.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Radio One shares.

http://www.zacks.com/research/get_news.php?id=300l7540
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In my opinion the $1.12 will be easily broken and with a good market day we will continue upward.