Ahh Canada - 2 out of 3 ain't bad Message Board

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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Davy Crockett who wrote (1823)	4/3/2001 11:55:56 PM
From: Davy Crockett	Read Replies (2) of 5144

cont'd Shaw on the TSE stockcharts.com Pnf chart has the stock trending below its BRW (bearish resistance line) not good stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14] Daily chart to my untrained eyes has Shaw @ the end of it's run. I base that on the following: Hanging man candle, Slo Stoc oversold (downturn looks imminent) RSI very close to oversold & may turn down, price rising on declining volume, price turned down just under the 200 day ema, (significant resistance?) I would prefer to see the 21 day ema over the 50 day ema. Positives: SAR, +D1 over the -D1 (note the +D1 turned down over the last 3 days) ADX heading down maybe indicating a reversal in the previous trend Regards, Peter

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