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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Walkingshadow who wrote (3447)1/3/2005 5:10:49 PM
From: Venditâ„¢  Read Replies (1) of 8752
 
Terry,

Look at it using 15-minute time frames.

139.142.147.22

Draw a mental lower trend line underneath the lows on the chart.

Look at the stochastic buy signal that is in place.

Look at the EOD volume spike.

Look at the last candlestick (BULLISH)

My conclusion is that it should test upper resistance tomorrow of $18.70 by midday.

Reid
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