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

To: Vendit™ who wrote (6980)	3/24/2005 4:30:06 PM
From: Walkingshadow	Respond to of 8752

I think so. RSTG has broken through resistance and closed above old resistance/new chart support. 139.142.147.218 It looks technically strong, volume has increased, momentum looks good... It is possible (but unlikely) this could represent a first thrust/bull trap out of a trading range, and RSTG might settle back into that range again. But as you say, this looks like a blue sky breakout, and RSTG will keep going, and when it corrects back to support, the test will be successful. A very nice stock, we should thank KJ for bringing this to the board---up more than 5-fold since November! T