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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

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To: $Mogul who wrote (871)6/11/2001 9:25:00 AM
From: Jenna  Read Replies (1) of 1227
 
EXPE is looking overbought and the top I would put at 37.50 with a stochastics of 94 and ADX of 47, Wilder RSI at 80, it is in a powerful uptrend but toppy. Earnings are going to be good, but EXPE is trading above every moving average including the 10 day.. In a market climate like we have today, we might have some pressure, but I don't expect a lot of downward pressure.
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