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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (36323)4/10/2003 1:28:20 AM
From: Jorj X Mckie  Respond to of 57110
 
Since last January or February I have been waiting for the 50dma to touch the 200dma. That is where strong rallies generally take off. However, notice that the 200dma is above the price of HUI. It is resistance now. Also note that the 200dma is rolling over. And finally, the setup looks like it could be a bear flag. Ignoring my bearish outlook, if I look at the chart for the HUI, I don't see any reason to be bullish from here.

stockcharts.com[w,a]daclyyay[pb50!b200][vc60][iuh14,3!la12,26,9][J11583861,Y]&listNum=1