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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (57913)	10/28/2002 6:28:18 PM
From: The Freep	Read Replies (1) of 209892

What is the MER chart saying to y'all? stockcharts.com[h,a]daclyyay[pb50!d20,2!f][vc60][iLl14!Lp14,3,3]&pref=G Declining volume on since eight days ago, with minor new highs each of the last four days on this very flag-like (???) chart. Gaps below. Stochastics topped. RSI way high, too, I noted. Perhaps a trip down to that 35 area and support before another move up, but at least on the daily, this chart points to down or hound, I'd think. Anyone got another take? the freep (always glad to see bobcor posting and thinking aloud)

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