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Politics : High Tolerance Plasticity

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To: The Ox who wrote (12886)3/19/2002 10:47:51 AM
From: chowder  Read Replies (1) of 23153
 
Michael, DFXI is in a nice uptrend but is overbought. It is coming up against resistance at the 37.50 range and 80% of the time a stock will pull back at a major level of resistance.

Volume has been decent but it's going to take more buyers to push it above the line of resistance.

stockcharts.com[h,a]daclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3]&pref=G

If the volume starts to increase from here, and the price continues to rise, it will stand a better chance of breaking out.

If the stock drops in price on good volume, it's an indication the price will drop further.

dabum
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