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


To: Jibacoa who wrote (5009)4/2/2004 6:23:25 PM
From: Ken W  Read Replies (2) | Respond to of 23958
 
Bernard

MRM: "have to check with Ken on the gap"

You subtle guy you. LOL

stockcharts.com[m,a]waolyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

This is a weekly chart on the stock. I looked at the daily too.

The gap on the daily looks like it must be filled to continue on the weekly chart, however, note that the weekly 200 period is just under 10 and the stock is becoming hugely overbought. Not to say that it will not test the upper 9's over the next 3 weeks, but I would be willing to bet that it goes no higher than 10 on that chart. The daily is becoming even more overbought than the weekly...

So, yes the gap should fill (trading op) and the stock should go to the mid to high nines over the next 3 to 4 weeks.

Ken