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To: herry iball who wrote (12900)3/19/2002 11:39:02 AM
From: The Ox  Respond to of 23153
 
Thanks Dabum and herry.

I appreciate the additional input/opinions.



To: herry iball who wrote (12900)3/19/2002 11:46:59 AM
From: chowder  Read Replies (2) | Respond to of 23153
 
H-man, I'm assuming the ADX is looking weak because the rise has been on less than stellar volume. This equates to weak support on the downside, in my opinion.

Relative Strength hitting resistance now.

The buying has been weak between it's current level and the 10 dma. The price will probably move back to the 10 dma.

However, be cognizant of the fact that the 10 dma has crossed up and over the 50 dma which is very bullish.

At this point, without any additional future market news, DFXI looks like it'll pull back to the 10 dma and resume the upward trend from there.

Of course we'll need to re-visit this stock on any pull back as many things can change in the near term.

stockcharts.com[h,a]daclyiay[pb10!b50!b200!i!f][vc60][iut!Uh14,3!Ua5,18,9!Lc5!Lc9!Lb14!Ld20!Ll14!Lg!Lj[$spx]]&pref=G

dabum

PS - Would someone let me know if all of the indicators show up for those who don't subscribe to stockcharts. Non-subscribers usually get to see two indicators, I listed 9 of them.