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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1159)6/26/2009 1:21:06 PM
From: Jibacoa   of 1404
 
BWEN is having a good day today.<g>

It traded above its May 20 H and volume of >2,260,600 is almost 20x its ADV

bigcharts.marketwatch.com

The stock has been performing well since its March L at $2.60, so from a TA standpoint it looks good.<g>

bigcharts.marketwatch.com

It probably should be able to test the $14 or $15 level. But what has prevented me to take a full position is the large LTD and large negative FCF.

Bernard
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