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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (117459)4/24/2005 10:39:34 PM
From: Henry J Costanzo  Read Replies (1) of 209892
 
PDLI......All TA feely stuff, Shack.....Upsurge Mar 13 on very heavy volume. Second round last Friday and Monday.....weak market days.... again on volume... breaking DT line from early Feb, as well as falling 50d MA .....and bumping 200d. Latter flattening out, and 50d decline moderating, looking also to flatten out.

Nice gap beckoning overhead at 20.02. Quite a bit of R straight ahead from Sept-Dec consolidation, but that was all on light volume.....

From TA point of view, looking as strong as......maybe stronger than.....HGSI.

Volume breakout above Monday's high would be interesting
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