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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Cary C who wrote (4440)1/29/2004 10:28:57 AM
From: Ken W  Read Replies (1) | Respond to of 23958
 
Cary

ACO's gap may not fill all the way. If it goes all the way down to 18.20 then the 50dMA will be violated. Not good. As it is now the 20Ema has been broken thus the stock bounces between the 50 and overhead 20Ema. However, whew this is a lot of typing!, The oversold condition of the other indicators seem to signal that the stock will test the 50dMA the 20Ema will come down to it and then the whole thing will go back up to any overhead horizontal line.

Ken