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FinancialAdvisor

06/16/05 10:00 AM

#9046 RE: FinancialAdvisor #9024

***HUI runs into (early surge) resistance at 200.36...



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AnderL

06/16/05 10:11 AM

#9047 RE: FinancialAdvisor #9024

MACD Histo is showing a major reversal point between the April and June bottoms. That is a strong divergence and was enough to get a break off the descending trendline from the March and May tops, but there is no follow through on RSI or MACD so I don't expect it will be enough buying to get a strong breakout off the descending trendline from the December and March tops. If there is a break it might be a flat one or will require a retracement. So I'm guessing only a few more points maybe to 435 for this intermediate top.