SI
SI
discoversearch

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.
Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?


To: bull_derrick who wrote (303)11/9/2004 7:43:37 AM
From: chowder  Respond to of 13449
 
Bull,

The ADX for DAR has shown it to be in a strong downtrend. The Chakin Money Flow (CMF) indicator is showing that the stock has had good money flows in spite of the downtrend.

If the volume can start to rise some, the price should head up towards resistance.

Daily Chart:
stockcharts.com[h,a]daclyiay[d20040609,20041109][pd10,1!b200!f][vc60][iut!Ll9!Lc20]&pref=G

The weekly chart shows a steady stream of money flows over time with price above or within the momentum bands most of the time.

Weekly Chart:
stockcharts.com[h,a]waclyiay[pd10,1!b200!f][vc60][iut!Ll9!Lc20]&pref=G

The price has moved back inside the momentum bands on the daily, I hope you get to see the weekly confirm. If it does, I think you'll hit your price target.

dabum