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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Walkingshadow who wrote (2741)12/21/2004 3:48:55 PM
From: Walkingshadow  Read Replies (1) of 8752
 
ISLE appears to be stabilizing here in the region of chart support, with a very early buy signal in Williams and OBV, and a reversal candle forming on the day. Volume has dried up, I don't see any signs of downside momentum.

139.142.147.218

BB width is now 1.59, an extreme low reading that in the past has not lasted long:

139.142.147.218

So I think ISLE is getting ready to push the top BB rail open with a pretty good upside move, but there is not yet sufficient technical evidence to support this.

We'll have to see how things develop, but if volume picks up, I'd say ISLE is a buy 3 nanoseconds after it prints $24.85.

JMVHO....

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