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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Sirius_Rich who wrote (4896)	2/12/2005 11:33:12 AM
From: Vendit™	Read Replies (1) of 8752

Rich, Dish has fallen back to a support level that formed back in November of 2004 near $30. It is consolidating at that level now. 139.142.147.218 All of the indicators show that DISH is in an up trend cycle but the momentum indicators are extremely weak so a move to the side should continue along the $30 to $30.50 range for the next few sessions, IMO. There is a power candlestick just to the left that is holding it at 30.50. Once 30.50 is broken to the upside then it will move very fast to the 32.00 level. 32.00 will be the short term top for now. Reid

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