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Pastimes : ASK Vendit Off Topic Questions

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To: DOUG H who wrote (18150)1/11/2001 11:29:10 PM
From: Walkingshadow  Read Replies (2) of 19374
 
Doug,

Not sure. Today's narrow range candle near the declining 10 day ema is certainly cause for concern, and the fact that today's volume was much less than yesterday's suggests that buying pressure is easing. Technicals still show buy signals, but OBV and Williams have both started hooking towards the horizontal slightly.

askresearch.com

Given that the stock is in a downtrend, and doesn't look determined to take out overhead at 30, and seems to be running out of gas, I'll be looking to exit very soon.

JMVHO,

T
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