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Strategies & Market Trends : Natural Resource Stocks

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To: bbeamish who wrote (53300)3/14/2007 1:36:21 PM
From: wsw1  Read Replies (1) of 109021
 
brian,

i would say you're wrong there...weekly macd divergence is positive and turning up as this stock has been cementing a new base here for the last 6 months...stochastics are also showing positive divergence in the oversold zone, but turning up...RSI also has positive divergence...

4.91 is proving to be strong support right now...a 50% fib support level from the .72 to 9.10 move...even today, TRE is holding up very well...
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