In a week of losers, graphically, TEXN finishes Friday w/reason for some optimism...Ultmate O is pitifully os & trend still down, TRIX has actually gone from flat to an upturn, strength undetermined. 3 of 4 on the combo are headed up, with some fresh highs...rsi is still tentative. Pring's through to the positive. PFE still bottomed and no break off a faling PSAR. OBV flat, ut weak. MFI still falling off. MACD still moving up, but not breakng out. CCI tentative, Chaikin O still slighty down...
OK, OK, so it doesn't sound that good. It started out looking great, some indicators are still weak however. We'll have to wait to see if forming uptrends continue to confirm and others turn from down to up. Low confidence, as volume is very weak. We'll see if the PR hype has any truth come 2359 Monday... |
