InvestorsHub Logo

PowerPole

11/02/05 10:43 AM

#15917 RE: PowerPole #15915

Well...I said RBAK would go to 11.00 before...

The open this morning:

"Daily:
Yesterday, the pps broke above the upper Bollinger Band but closed inside of it, and I like that it is moving up...The Candlestick it formed is not a Shooting Star, as the body is too large...The chart pattern was an inverse head and shoulders that broke out above resistance at 10.50 and 10.57 and the pattern has not yielded yet what I expect it to, which is up to just over 11.00...The RSI is upticking and still below 70...The Stochastics are showing Overbought...The DMI+ and DMI- are diverging...The MACD had a nice crossover into positive territory a few days ago...And the Volume is Impressive..."


Yes! Today's intraday high is 11.04
Though I don't like the gap up it had this morning...It will most likely have to fill...