<font color=green>360 Networks TSX on TSE
stockcharts.com[w,a]daclyimy[dc][pb10!b50!b200!h.02,.20][vc60][iUd20!Ub14!La12,26,9!Lp14,3,3!Lc20]
Hi Rob. I just happen to have a position here. :o)
Looks like it's being fairly closely watched by our group, at least. <gg>
I haven't been saying much about it, or posting a chart, because I think it's being played by forces large enough to make my chart reading meaningless.
It would have been nice to have had fore-knowledge of that Barron's article that seemed to precipitate this last fall.
Now,
that was a promising (hammer) candlestick, two days ago, I think. Anyone of you candlestick readers care to comment.
As I commented about the S&P on the weekend, the fact that the Stochastic is snaking along in the oversold zone certainly wasn't a buy signal.
MACD appears to be crossing and beginning an uptrend. Stochastic would support that signal, IMO.
Now, we'll see if the big boys are buying or selling. I still don't trust the chart. Wouldn't it be nice to see some major short-covering start to happen.
Cush |