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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (21433)	9/7/2004 7:06:58 PM
From: chowder	Read Replies (1) \| Respond to of 23153

With the market closing on a high note, based on where it was at 3PM, some very nice developments appeared in the charts. NOVN is showing some very nice bullish divergences in money flows. We have money flows at their highest peak on the chart yet, price hasn't peaked as of yet. The chart is suggesting the price will follow money flows. While the price recently dipped, accumulation continued to show some strength. The price dips were being bought. With the 50 and 200 day moving averages just below the current price, they serve as good support levels of the price moves in the opposite direction providing a very good stop loss point. This appears to be a good risk vs reward play. stockcharts.com[h,a]daclyiay[pb50!b200!f][vc60][iut!Lc20!Lf]&pref=G Here we have AVL breaking out to a new high on incredible volume and terrific money flows. What is even more impressive is that there isn't any news related activity as far as this equity is concerned. I would assume from that, that the fundamentals must be fairly good. I can see that the technicals are great. The 50 dma is support and the stop loss point. stockcharts.com[h,a]daclyiay[pb50!b200!f][vc60][iut!Lc20!Lf]&pref=G In looking at some longer term charts, BVL has a bullish reversal pattern over the last 5 trading days. This weekly chart won't show the last 5 trading days as it shows weekly charts on a calendar week basis. If it could show a weekly chart on the last 5 trading days, you'd have a bullish engulfing pattern with above average volume off a level of support. This bodes well for the longer term. This company does have some issues that one might want to check out but, the chart is suggesting upside for the patient individual. Notice the Stochastic nearing a buy signal as it is right at the 20 line, waiting for the lagging indicator to catch up. May be worth watching over the next few days. stockcharts.com[h,a]waclyiay[pb50!b200!f][vc60][iut!Lh14,3!Ll14]&pref=G The weekly chart on YBTVA has already flashed a buy signal and has moved up very nicely over the last 4 weeks. Volume has been very good and money flows are improving rapidly. The reversal on this one has been confirmed on the weekly chart. Waiting to close above the 20 week moving average may be prudent here. stockcharts.com[h,a]whclyiay[pb50!c20!f][vc60][iut!Lc20!Lh14,3]&pref=G dabum