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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: CommanderCricket who wrote (7182)1/16/2006 5:56:18 PM
From: chowder   of 13449
 
Re: BRCD ... BRCD ran into resistance at the declining 50 week moving average. This is the second attempt at getting through this resistance level.

I think BRCD will make it through though. The wide range bars on above average volume are suggesting the bottom is in for BRCD.

We may see some consolidating as overhead supply comes to market, but that's professional buying we saw when price broke out.

stockcharts.com[h,a]waclyiay[d20050110,20060113][pb50][vc60][J64055179,Y]&pref=G

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