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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: mike.com who wrote (25247)1/10/1999 6:57:00 PM
From: Magnatizer  Read Replies (3) of 79383
 
Mike

I can see why you would want my read, I am really dialed in on RACE. LOL

Anyway what I see is a stock which is overbought via short term indicators. It is in day 2 of 3 day RSI paste. According to the technicals it does not have a whole lot left in it in the very short term.

Medium to long term it is looking better and could be safely accumulated in the 4s.

ht
david
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