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Strategies & Market Trends : Classic TA Workplace

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To: Galirayo who wrote (131091)3/23/2006 2:01:06 PM
From: bcrafty  Read Replies (4) of 209892
 
Ray, I see the nice two day move on NGAS

Other related stocks like NGS and NI also show gains for the last two days, but not as dramatic as that on NGAS. BTW, I nibbled on NI recently @ 20.

Something to think about though - If the move on NGAS down from 15.86 to 9.06 was an A, and the move from 9.06 to 13.44 was a B, then in the move down since 13.44 it could now conceivably be in a iv of that C, with a v down to come.

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