Thean,
I sure wish volume on SPNSF would perk up a bit. That's real important for the MIMBO doodad to work. Still, it did close on the high for the day and inched ahead of CLST in the two day race :). It's putting in a pretty sweat rounded bottom, eh? Now I'm just wondering if it's going to accelerate and bust over that near term downtrend thru 1/20 and 1/27 directly, or if it's going to fight it a bit first.
Looks like CLST needs to show some strength here, soon. If it pulls back from resistance all the way back to that uptrend thru 12/31, 1/26, and 2/18 it's going to look a lot like a head and shoulders, albeit with a pretty steep neckline. Would a lower high here be construed as "technical damage"? I wish you could see the chart with the trend lines I just drew on it. It makes the recent pullback to 9 5/8 look pretty ominous.
MACR made it through its resistance today, I guess it's free to run now. On its way back to 64? MACR and SPNSF look like two pretty hot picks, The Street and AG willing.
FWIW...Alski |
