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Non-Tech : The Woodshed
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To: TheBusDriver who wrote (4666)4/22/2004 2:20:33 PM
From: ItsAllCyclical  Read Replies (1) of 60911
 
(edit) IVAN - It was up on extremely heavy volume yesterday, today's volume is nothing by comparison. I'm thinking yesterday was the start of a bigger move up again as such I'm holding. Maybe a few more days of sideways action, but I still think we'll close over 3 in the coming weeks.

Also, it is still above it's recent uptrend line and it broke the downtrend line from the mid 4's and is still above that as well. Give it time. The 200 ems/dma will fall and then you'll the get 50 turning back up over the 200's again. Could be wrong, but I sense a big move here over the next few months.

Also seeing positive divergence on MACD daily over the past few months.
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