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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (449)11/21/2002 4:15:31 PM
From: Jibacoa  Read Replies (1) of 1404
 
SFE Showed good strength towards the close.<g>

It was able to close above the November 8 H and the August 23-26 double top.

The RSI and momentum have continued to increase both in the daily as well as in its weekly chart.

It closed at $2.09 just 2 cents below its intra-day H.The volume in the last 5 minutes of 51,600 was definitely on the up-side (with a small intraday up-gap as the price moved from 2.03 to $2.09)

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siliconinvestor.com

As I said, from a longer term perspective, the R/R looks good.<g>

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Now will see how the C.C. in a few minutes, turns out.<g>

Bernard
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