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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (2697)	12/17/2004 7:11:21 AM
From: Vendit™	Read Replies (1) \| Respond to of 8752

Reid Re: Sup Look for a move up today on higher than normal volume. I am basing my analysis on the MACD momentum indicator which will trigger today. 139.142.147.218 The 20 EMA also happens to be the 200 EMA that you had in your chart settings. It is typical for bottom feeders to scan for stocks that are about to break above their 200 day moving average as SUP will do today so this one should attract some extra trading volume based on that alone over the next few days. (Ant traders- <gg>) MRK is a less appealing candidate technically speaking by virtue of that hue candlestick formed in September which will serve as resistance in the near-term. Fundamentally with a PE of 12 the stock looks fine. 139.142.147.218 Reid