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.

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

To: Jane4IceCream who wrote (3088)	12/27/2004 3:55:40 PM
From: Vendit™	Read Replies (1) \| Respond to of 8752

Hi Jane and welcome to the board. Give me just a minute to draw a custom chart of CHINA for you so you can see why I have the opinion that I do. This will take about 15 minutes. Reid

To: Jane4IceCream who wrote (3088)	12/27/2004 4:13:01 PM
From: Vendit™	Read Replies (1) \| Respond to of 8752

Jane, I have the chart for CHINA tuned to a slow or normal setting. This means that I am making the assumption that no major market sell off will occur tomorrow or the next day. In the chart link below I drew a line at first upper resistance which is at $4.75. The chances are very good that CHINA will reach that mark tomorrow. IF CHINA can close above $4.75 then it will likely pop next upper resistance located at $5.00. Technically that is about all the momentum that is left in this current uptrend and then the stock will need to take a breather and seek lower support which the oscillators recoil and get ready for the next run. themarketwind.com Through today’s close the only negative that I see on the chart is the bending down of the William’s indicator. That is not a sell signal at this time. Reid