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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: aerosappy who wrote (28162)12/16/2003 3:42:18 PM
From: chowder  Read Replies (2) of 206089
 
Aero,

If one likes EP, the weekly chart is indicating the move is just starting. A nice base has formed and you have a gap up in price with nice volume.

This is where one would pick up a position if they think EP has potential.

stockcharts.com[h,a]waclyiay[pc20!b50!f][vc60][iut!Lb14!La12,26,9]&pref=G

Relative strength now moving into the range where price moves show their best strength. MACD shows the trend has been flat hence, the nice base building needed to provide good downside support.

dabum
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