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FinancialAdvisor

04/07/05 10:50 AM

#6359 RE: FinancialAdvisor #6290

*HGX - Another whipsaw, seems like nothing this week can gain a definitive "trend" except the low-volume bounce in the markets. HGX like other things of late bounced right off of its 10 day SMA... Now it's right at MACD resistance, RSI(14) 50, and sandwiched directly between the 10 and 50 day SMA... a close above the resistance at the 50 day SMA off of this bounce from the 10 day SMA would be a bullish signal.