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Politics : High Tolerance Plasticity

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To: Libbyt who wrote (22519)12/2/2004 9:00:59 AM
From: chowder  Read Replies (1) of 23153
 
Libbyt,

JOSB is trading above the momentum bands, very bullish. The price rose on above average volume, very bullish. Money flows are terrific, very bullish. MACD, the trend indicator is showing strength, very bullish.

The only negative thing with this chart is that JOSB is coming up against resistance at the 50 day moving average.

If I were in, and I'm not, I would take profits on half my position here in the event it doesn't break through resistance. If it breaks through, I would still benefit on the other half of the position.

If looking to get in, I would wait until the resistance level issue is resolved.

stockcharts.com[h,a]daclyiay[d20040702,20041202][pb50!d10,1!f][vc60][iut!Lah10,30,5!Lc20]&pref=G

And congratulations on your CHS.

stockcharts.com[h,a]daclyiay[d20040702,20041202][pb50!d10,1!f][vc60][iut!Lah10,30,5!Lc20]&pref=G

dabum
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