SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: JHR who wrote (13371)4/19/2002 9:01:21 AM
From: chowder  Read Replies (1) | Respond to of 23153
 
No JR, it didn't do much for me. However, the chart does indicate it may want to go higher. It may only meet weak resistance here.

I say weak resistance because it's up against a potential double top with the stochastic approaching overbought. However the MACD, which measures the trend, is indicating a possible uptrend from this double top.

My guess would be a little profit taking but it looks like the OSX will climb higher in the next few days unless we have some sector shaking news event.

stockcharts.com[h,a]daclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3!La12,26,9]&pref=G

I say it didn't do much for me because my buying disciplines have me buying from an oversold situation, not overbought, unless the new high is on huge volume.

dabum