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Gold/Mining/Energy : Ensco International Inc. (ESV)

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To: Douglas V. Fant who wrote (1121)4/21/1998 10:12:00 PM
From: skibob  Read Replies (1) of 2005
 
I don't understand enough about charts to see the buy signal your talking about. I looked at the the candlestick chart and I interpreted it to be a sell signal. Other than the recent earnings report and a slightly stronger oil price what else could cause this to be a buy signal? I've never understood how to determine price resistance levels? Maybe you could help me with a brief explanation.

thanks,

skibob
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