<font color=green>Nortel
Peter, you cowboy, you!
I've been watching Nortel. I've been resisting buying, so far.
When I think of Nortel, I imagine a big casino with a roulette wheel in the corner which has always been unlucky, for me. You would think that odds being odds, sooner or later, things would have to even out. So, I want to keep playing that particular wheel, thinking this sucker owes me. <ggg>
These charts aren't loading very well for me today.
On the Daily, stockcharts.com[e,a]dallyimy[dc][pb20][vc60][iUd20!Ub14!Ll14!La12,26,9!Lp14,3,3!Lc20][J1435160,Y]
A price cross of the 20 day MA, but no confirmation, yet.
ADX falling (non-trending) watch the Stochastic. Stochastic doesn't look good.
On the Weekly, stockcharts.com[e,a]wallyimy[df][pb20!f][vc60][iUd20!Ub14!Ll14!La12,26,9!Lp14,3,3!Lc20]
That's a long, long way from a buy signal.
I do not have a position here, yet, but I'm watching.
Good luck with it,
Cush |