Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (30252)	2/25/2004 12:15:46 PM
From: chowder	Respond to of 206093

RRI has lots of resistance between $7.40 and $7.50. The 10, 20, 30, 40 and 50 day moving averages are all lined up in that price range. A close above those moving averages in the next few days is a very "strong buy" signal for those looking intermediate to long term. A close back below that price range would provide your stop loss target. This set up is a very high probability of success trade when the price closes above those moving averages. For those of you who subscribe to Stockcharts, you will be able to see all of those moving averages and where they are lined up. stockcharts.com[h,a]daclyiay[pc20!b50!b150!i!b10!c30!c40!f][vc60][iut!Lb14!Lo14!Lg!Lj[$spx]!Lm12!La12,26,9!Lah5,17,9]&pref=G dabum EDIT - We need to see 3.3 million shares today to provide better odds of that resistance level breaking down in the next few days.