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rekcusdo

07/13/11 1:30 PM

#22903 RE: dmlabuda #22902

I disagree. The top BB is now at 2.31 and the bottom BB is rising. The price is sitting 5 cents under the top BB. With financials so close, this is about to ride the top BB up, probably to the 2.40-2.50 range.
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eastunder

07/13/11 2:48 PM

#22909 RE: dmlabuda #22902

I find it interesting that we are holding your line, wedge or not.

Nothing positive in that action?

Lord knows we can stay above the 20 on the williams, like we have in the past - so I feel no threat yet from that, same with the full Sto. ADX has room to go up - same with RSI.

Friday is looming and Earnings are right around the corner.

Of course there is the issue of the wee little gap.

You 100% sure that's a rising wedge or could the interpretation be something different?